IMC Chicago LLC Makes New Investment in iShares Russell Mid-Cap ETF $IWR

IMC Chicago LLC purchased a new stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,960 shares of the company’s stock, valued at approximately $579,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Piscataqua Savings Bank grew its holdings in shares of iShares Russell Mid-Cap ETF by 11.1% in the 4th quarter. Piscataqua Savings Bank now owns 1,000 shares of the company’s stock worth $96,000 after acquiring an additional 100 shares during the last quarter. Axis Wealth Partners LLC lifted its holdings in shares of iShares Russell Mid-Cap ETF by 1.7% during the first quarter. Axis Wealth Partners LLC now owns 6,282 shares of the company’s stock valued at $611,000 after purchasing an additional 108 shares during the last quarter. Walled Lake Planning & Wealth Management LLC lifted its holdings in shares of iShares Russell Mid-Cap ETF by 1.6% during the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 7,751 shares of the company’s stock valued at $746,000 after purchasing an additional 119 shares during the last quarter. Asset Management Group Inc. boosted its position in shares of iShares Russell Mid-Cap ETF by 0.3% in the 4th quarter. Asset Management Group Inc. now owns 39,498 shares of the company’s stock valued at $3,802,000 after purchasing an additional 124 shares during the period. Finally, Welch Group LLC increased its stake in iShares Russell Mid-Cap ETF by 5.4% in the 4th quarter. Welch Group LLC now owns 2,447 shares of the company’s stock worth $236,000 after purchasing an additional 126 shares in the last quarter. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Up 0.5%

NYSEARCA IWR opened at $110.03 on Friday. iShares Russell Mid-Cap ETF has a 1 year low of $91.36 and a 1 year high of $111.43. The company has a market cap of $56.90 billion, a PE ratio of 21.00 and a beta of 1.00. The stock’s 50-day moving average price is $107.74 and its two-hundred day moving average price is $103.02.

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. The Index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000 Index. The Index includes equity securities issued by issuers, which range in size between approximately $1.7 billion and $12 billion, though these amounts may change from time to time.