Pinnacle Financial Partners Inc Purchases 2,265 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Pinnacle Financial Partners Inc lifted its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 4.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 56,882 shares of the company’s stock after purchasing an additional 2,265 shares during the quarter. Pinnacle Financial Partners Inc’s holdings in iShares Russell Mid-Cap ETF were worth $5,023,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in IWR. Heritage Financial Services LLC grew its position in iShares Russell Mid-Cap ETF by 4.9% in the fourth quarter. Heritage Financial Services LLC now owns 2,397 shares of the company’s stock worth $212,000 after acquiring an additional 112 shares in the last quarter. Certified Advisory Corp grew its position in iShares Russell Mid-Cap ETF by 1.1% in the fourth quarter. Certified Advisory Corp now owns 10,159 shares of the company’s stock worth $898,000 after acquiring an additional 115 shares in the last quarter. Meridian Financial Partners LLC grew its position in iShares Russell Mid-Cap ETF by 0.5% in the fourth quarter. Meridian Financial Partners LLC now owns 23,482 shares of the company’s stock worth $2,076,000 after acquiring an additional 116 shares in the last quarter. Raleigh Capital Management Inc. grew its position in iShares Russell Mid-Cap ETF by 28.1% in the fourth quarter. Raleigh Capital Management Inc. now owns 534 shares of the company’s stock worth $47,000 after acquiring an additional 117 shares in the last quarter. Finally, Sunbelt Securities Inc. grew its position in iShares Russell Mid-Cap ETF by 1.0% in the third quarter. Sunbelt Securities Inc. now owns 12,618 shares of the company’s stock worth $1,112,000 after acquiring an additional 121 shares in the last quarter.

iShares Russell Mid-Cap ETF Trading Down 2.2 %

IWR opened at $89.88 on Friday. The firm has a market cap of $39.12 billion, a P/E ratio of 21.79 and a beta of 1.12. iShares Russell Mid-Cap ETF has a 12 month low of $78.36 and a 12 month high of $96.00. The stock has a 50-day moving average of $90.77 and a 200 day moving average of $89.42.

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.