Fingerlakes Wealth Management Inc. Takes $201,000 Position in iShares Russell Mid-Cap ETF $IWR

Fingerlakes Wealth Management Inc. acquired a new stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 2,189 shares of the company’s stock, valued at approximately $201,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Patton Fund Management Inc. boosted its stake in shares of iShares Russell Mid-Cap ETF by 2.3% during the 2nd quarter. Patton Fund Management Inc. now owns 165,655 shares of the company’s stock worth $15,235,000 after acquiring an additional 3,707 shares in the last quarter. Kendall Capital Management purchased a new stake in iShares Russell Mid-Cap ETF during the second quarter worth $533,000. Headlands Technologies LLC acquired a new stake in iShares Russell Mid-Cap ETF in the first quarter valued at $44,000. American National Bank & Trust increased its position in shares of iShares Russell Mid-Cap ETF by 7.0% in the second quarter. American National Bank & Trust now owns 9,217 shares of the company’s stock valued at $848,000 after buying an additional 600 shares in the last quarter. Finally, Beacon Capital Management LLC increased its position in shares of iShares Russell Mid-Cap ETF by 10.9% in the second quarter. Beacon Capital Management LLC now owns 2,244 shares of the company’s stock valued at $206,000 after buying an additional 220 shares in the last quarter. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Up 1.2%

iShares Russell Mid-Cap ETF stock opened at $96.40 on Tuesday. The firm has a market capitalization of $45.05 billion, a PE ratio of 21.00 and a beta of 1.09. iShares Russell Mid-Cap ETF has a 52 week low of $73.17 and a 52 week high of $97.80. The firm’s 50-day simple moving average is $95.89 and its 200 day simple moving average is $91.20.

iShares Russell Mid-Cap ETF Profile

iShares Russell Mid-Cap ETF (the Fund), formerly iShares Russell Midcap Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Midcap Index (the Index). The Index measures the performance of the mid-capitalization sector of the United States equity market.