Courier Capital LLC Buys 5,102 Shares of iShares Russell Mid-Cap ETF $IWR

Courier Capital LLC bought a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,102 shares of the company’s stock, valued at approximately $544,000.

A number of other large investors also recently modified their holdings of the business. Steph & Co. acquired a new stake in iShares Russell Mid-Cap ETF in the third quarter worth about $11,870,000. Whitener Capital Management Inc. lifted its position in iShares Russell Mid-Cap ETF by 120.5% in the second quarter. Whitener Capital Management Inc. now owns 9,199 shares of the company’s stock worth $1,015,000 after purchasing an additional 5,027 shares during the period. Focus Partners Wealth boosted its stake in iShares Russell Mid-Cap ETF by 6.9% during the 4th quarter. Focus Partners Wealth now owns 501,958 shares of the company’s stock valued at $48,325,000 after purchasing an additional 32,367 shares in the last quarter. Rare Wolf Capital LLC bought a new position in iShares Russell Mid-Cap ETF during the 4th quarter valued at $1,073,000. Finally, Montgomery Financial Services LLC acquired a new position in shares of iShares Russell Mid-Cap ETF during the 2nd quarter valued at $1,670,000. 80.16% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap ETF Price Performance

Shares of IWR traded up $0.12 during midday trading on Tuesday, reaching $109.59. The stock had a trading volume of 1,055,526 shares, compared to its average volume of 2,203,445. iShares Russell Mid-Cap ETF has a 52 week low of $91.64 and a 52 week high of $114.97. The firm’s 50 day moving average price is $110.71 and its 200-day moving average price is $107.70. The company has a market capitalization of $56.65 billion, a P/E ratio of 21.00 and a beta of 1.00.

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. 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.