Northwest Wealth Advisors LLC Takes $3.31 Million Position in iShares Russell Mid-Cap ETF $IWR

Northwest Wealth Advisors LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 34,327 shares of the company’s stock, valued at approximately $3,305,000. iShares Russell Mid-Cap ETF accounts for about 2.6% of Northwest Wealth Advisors LLC’s investment portfolio, making the stock its 14th largest position.

A number of other hedge funds also recently made changes to their positions in the company. Goldenstone Wealth Management LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the fourth quarter valued at approximately $358,000. Global Retirement Partners LLC grew its position in shares of iShares Russell Mid-Cap ETF by 59.2% during the fourth quarter. Global Retirement Partners LLC now owns 59,704 shares of the company’s stock worth $5,748,000 after buying an additional 22,192 shares in the last quarter. Mach 1 Financial Group LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF during the fourth quarter worth approximately $480,000. Pinkerton Wealth LLC grew its position in shares of iShares Russell Mid-Cap ETF by 9.8% during the fourth quarter. Pinkerton Wealth LLC now owns 2,878 shares of the company’s stock worth $277,000 after buying an additional 257 shares in the last quarter. Finally, Princeton Capital Management LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF during the fourth quarter worth approximately $354,000. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Up 0.5%

IWR stock opened at $105.00 on Friday. iShares Russell Mid-Cap ETF has a twelve month low of $86.89 and a twelve month high of $106.43. The company has a market capitalization of $52.82 billion, a P/E ratio of 21.00 and a beta of 1.01. The firm has a 50 day simple moving average of $101.22 and a 200-day simple moving average of $99.50.

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. 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.