iShares Russell Mid-Cap ETF (NYSEARCA:IWR) Stake Raised by Okabena Investment Services Inc.

Okabena Investment Services Inc. increased its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.8% during the fourth quarter, Holdings Channel reports. The firm owned 11,980 shares of the company’s stock after purchasing an additional 330 shares during the period. Okabena Investment Services Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $1,059,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Summit Investment Advisory Services LLC increased its holdings in shares of iShares Russell Mid-Cap ETF by 2.1% in the fourth quarter. Summit Investment Advisory Services LLC now owns 7,688 shares of the company’s stock valued at $680,000 after buying an additional 161 shares in the last quarter. Brookstone Capital Management purchased a new stake in shares of iShares Russell Mid-Cap ETF during the fourth quarter valued at $268,000. Hilltop Holdings Inc. boosted its position in shares of iShares Russell Mid-Cap ETF by 1.9% in the 3rd quarter. Hilltop Holdings Inc. now owns 33,376 shares of the company’s stock valued at $2,942,000 after purchasing an additional 608 shares during the period. FMR LLC raised its holdings in iShares Russell Mid-Cap ETF by 2.2% during the 3rd quarter. FMR LLC now owns 2,872,877 shares of the company’s stock worth $253,215,000 after buying an additional 63,048 shares during the period. Finally, Synovus Financial Corp lifted its stake in iShares Russell Mid-Cap ETF by 0.5% during the third quarter. Synovus Financial Corp now owns 1,041,917 shares of the company’s stock valued at $91,835,000 after buying an additional 5,247 shares in the last quarter.

iShares Russell Mid-Cap ETF Price Performance

IWR stock opened at $84.63 on Friday. The company’s 50 day simple moving average is $89.34 and its 200-day simple moving average is $89.75. iShares Russell Mid-Cap ETF has a 52-week low of $78.36 and a 52-week high of $96.01. The firm has a market capitalization of $37.87 billion, a P/E ratio of 20.81 and a beta of 1.13.

About iShares Russell Mid-Cap ETF

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.