NCM Capital Management LLC Grows Holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

NCM Capital Management LLC raised its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 4.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,752 shares of the company’s stock after buying an additional 200 shares during the period. NCM Capital Management LLC’s holdings in iShares Russell Mid-Cap ETF were worth $420,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in IWR. Mpwm Advisory Solutions LLC purchased a new position in iShares Russell Mid-Cap ETF in the fourth quarter worth $68,000. Waverly Advisors LLC lifted its stake in iShares Russell Mid-Cap ETF by 321.7% during the fourth quarter. Waverly Advisors LLC now owns 164,341 shares of the company’s stock worth $14,528,000 after purchasing an additional 125,369 shares during the last quarter. Vident Advisory LLC lifted its stake in iShares Russell Mid-Cap ETF by 130.2% during the fourth quarter. Vident Advisory LLC now owns 5,572 shares of the company’s stock worth $493,000 after purchasing an additional 3,152 shares during the last quarter. Vivaldi Capital Management LP boosted its holdings in shares of iShares Russell Mid-Cap ETF by 2.1% in the 4th quarter. Vivaldi Capital Management LP now owns 15,298 shares of the company’s stock worth $1,407,000 after purchasing an additional 310 shares in the last quarter. Finally, St. Clair Advisors LLC bought a new position in shares of iShares Russell Mid-Cap ETF during the 4th quarter valued at about $3,077,000.

iShares Russell Mid-Cap ETF Trading Down 0.4%

Shares of NYSEARCA IWR opened at $90.24 on Wednesday. The stock’s 50-day moving average is $83.98 and its 200 day moving average is $88.55. The stock has a market cap of $41.26 billion, a price-to-earnings ratio of 19.36 and a beta of 1.06. iShares Russell Mid-Cap ETF has a 1-year low of $73.17 and a 1-year high of $96.01.

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.