Heritage Trust Co Invests $1.04 Million in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Heritage Trust Co purchased a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 11,712 shares of the company’s stock, valued at approximately $1,035,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IWR. Morse Asset Management Inc purchased a new stake in shares of iShares Russell Mid-Cap ETF during the third quarter valued at $77,000. Anchor Investment Management LLC boosted its position in iShares Russell Mid-Cap ETF by 20.4% in the 3rd quarter. Anchor Investment Management LLC now owns 1,168 shares of the company’s stock valued at $103,000 after buying an additional 198 shares during the period. Sanctuary Advisors LLC grew its stake in iShares Russell Mid-Cap ETF by 4.5% in the 3rd quarter. Sanctuary Advisors LLC now owns 223,190 shares of the company’s stock worth $21,098,000 after acquiring an additional 9,678 shares in the last quarter. World Investment Advisors LLC increased its position in shares of iShares Russell Mid-Cap ETF by 11.6% during the third quarter. World Investment Advisors LLC now owns 10,989 shares of the company’s stock worth $969,000 after acquiring an additional 1,143 shares during the period. Finally, Synovus Financial Corp raised its stake in shares of 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 acquiring an additional 5,247 shares in the last quarter.

iShares Russell Mid-Cap ETF Stock Performance

Shares of NYSEARCA IWR opened at $79.64 on Friday. The stock has a 50 day moving average price of $86.46 and a 200 day moving average price of $89.22. The firm has a market capitalization of $35.64 billion, a price-to-earnings ratio of 20.81 and a beta of 1.13. iShares Russell Mid-Cap ETF has a 52-week low of $73.17 and a 52-week high of $96.01.

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.