Goelzer Investment Management Inc. Makes New Investment in iShares Russell Mid-Cap ETF $IWR

Goelzer Investment Management Inc. acquired a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 23,937 shares of the company’s stock, valued at approximately $2,554,000.

Other large investors have also recently added to or reduced their stakes in the company. Annex Advisory Services LLC bought a new position in iShares Russell Mid-Cap ETF during the 3rd quarter worth $328,000. Guyasuta Investment Advisors Inc. bought a new position in iShares Russell Mid-Cap ETF in the third quarter valued at about $352,000. SLT Holdings LLC acquired a new stake in iShares Russell Mid-Cap ETF in the third quarter valued at $250,000. Whitener Capital Management Inc. acquired a new position in shares of iShares Russell Mid-Cap ETF in the 3rd quarter worth approximately $1,312,000. Finally, Charles Schwab Trust Co boosted its position in shares of iShares Russell Mid-Cap ETF by 18.2% during the 3rd quarter. Charles Schwab Trust Co now owns 5,149 shares of the company’s stock valued at $549,000 after purchasing an additional 794 shares in the last quarter. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Down 1.0%

Shares of NYSEARCA IWR opened at $108.50 on Friday. The company’s fifty day simple moving average is $110.49 and its 200 day simple moving average is $107.89. iShares Russell Mid-Cap ETF has a 12-month low of $91.64 and a 12-month high of $114.97. The firm has a market cap of $56.14 billion, a PE ratio of 21.00 and a beta of 1.00.

iShares Russell Mid-Cap ETF Company 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. The Index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000 Index. The Index includes equity securities issued by issuers, which range in size between approximately $1.7 billion and $12 billion, though these amounts may change from time to time.