BridgePort Financial Solutions LLC Buys New Stake in iShares Russell Mid-Cap ETF $IWR

BridgePort Financial Solutions LLC purchased a new position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 2,531 shares of the company’s stock, valued at approximately $233,000.

Several other hedge funds and other institutional investors have also made changes to their positions in IWR. Brighton Jones LLC increased its holdings in shares of iShares Russell Mid-Cap ETF by 4.2% in the fourth quarter. Brighton Jones LLC now owns 104,524 shares of the company’s stock worth $9,240,000 after purchasing an additional 4,189 shares during the last quarter. Revolve Wealth Partners LLC bought a new stake in iShares Russell Mid-Cap ETF in the 4th quarter worth approximately $323,000. Millennium Management LLC bought a new stake in iShares Russell Mid-Cap ETF in the 4th quarter worth approximately $415,000. Rhumbline Advisers raised its holdings in shares of iShares Russell Mid-Cap ETF by 39.8% during the 1st quarter. Rhumbline Advisers now owns 16,418 shares of the company’s stock worth $1,397,000 after acquiring an additional 4,677 shares in the last quarter. Finally, GGM Financials LLC boosted its position in shares of iShares Russell Mid-Cap ETF by 5,344.5% during the 1st quarter. GGM Financials LLC now owns 123,426 shares of the company’s stock valued at $10,500,000 after acquiring an additional 121,159 shares during the last quarter. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

IWR stock opened at $97.23 on Friday. The firm has a market cap of $45.27 billion, a PE ratio of 21.00 and a beta of 1.09. The firm has a fifty day moving average price of $95.35 and a 200 day moving average price of $90.31. iShares Russell Mid-Cap ETF has a fifty-two week low of $73.17 and a fifty-two week high of $97.80.

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.