10,231 Shares in iShares Russell Mid-Cap ETF $IWR Purchased by Narwhal Capital Management

Narwhal Capital Management acquired a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,231 shares of the company’s stock, valued at approximately $1,092,000.

Several other institutional investors have also recently made changes to their positions in the stock. Gryphon Financial Partners LLC boosted its stake in iShares Russell Mid-Cap ETF by 2.0% in the third quarter. Gryphon Financial Partners LLC now owns 54,683 shares of the company’s stock valued at $5,835,000 after acquiring an additional 1,058 shares during the last quarter. Simplex Trading LLC purchased a new stake in iShares Russell Mid-Cap ETF in the third quarter worth $2,540,000. Consolidated Investment Group LLC bought a new stake in iShares Russell Mid-Cap ETF in the 3rd quarter valued at about $38,640,000. AlphaCore Capital LLC raised its stake in iShares Russell Mid-Cap ETF by 59.2% in the 3rd quarter. AlphaCore Capital LLC now owns 15,238 shares of the company’s stock valued at $1,626,000 after acquiring an additional 5,667 shares during the period. Finally, Private Management Group Inc. bought a new stake in iShares Russell Mid-Cap ETF in the 3rd quarter valued at about $1,925,000. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Down 0.1%

NYSEARCA IWR opened at $110.59 on Wednesday. The company has a market cap of $58.32 billion, a PE ratio of 20.27 and a beta of 1.00. 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 simple moving average is $109.37 and its two-hundred day simple moving average is $106.33.

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.