Pinnacle Financial Partners Inc Raises Holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Pinnacle Financial Partners Inc increased its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 20.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 68,668 shares of the company’s stock after acquiring an additional 11,786 shares during the quarter. Pinnacle Financial Partners Inc’s holdings in iShares Russell Mid-Cap ETF were worth $5,921,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the stock. Fairscale Capital LLC bought a new position in shares of iShares Russell Mid-Cap ETF during the fourth quarter valued at about $27,000. Rossby Financial LCC purchased a new position in iShares Russell Mid-Cap ETF during the 1st quarter valued at about $31,000. Legacy Investment Solutions LLC raised its position in iShares Russell Mid-Cap ETF by 50.4% during the 4th quarter. Legacy Investment Solutions LLC now owns 427 shares of the company’s stock valued at $39,000 after purchasing an additional 143 shares during the last quarter. Garde Capital Inc. purchased a new stake in iShares Russell Mid-Cap ETF in the 1st quarter worth approximately $44,000. Finally, Copia Wealth Management purchased a new stake in iShares Russell Mid-Cap ETF in the 4th quarter worth approximately $51,000. 80.16% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Stock Performance

IWR opened at $93.17 on Thursday. The stock has a market capitalization of $43.98 billion, a PE ratio of 20.51 and a beta of 1.09. The stock’s 50 day moving average price is $88.69 and its 200-day moving average price is $87.88. iShares Russell Mid-Cap ETF has a 52-week low of $73.17 and a 52-week 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.