RiverFront Investment Group LLC Buys Shares of 5,254 iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

RiverFront Investment Group LLC purchased a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,254 shares of the company’s stock, valued at approximately $426,000.

A number of other large investors also recently modified their holdings of IWR. Scotia Capital Inc. bought a new position in iShares Russell Mid-Cap ETF in the fourth quarter valued at about $215,000. Eagle Asset Management Inc. bought a new position in iShares Russell Mid-Cap ETF in the 4th quarter valued at approximately $382,000. Edge Capital Group LLC acquired a new stake in iShares Russell Mid-Cap ETF during the 4th quarter worth approximately $342,000. Cetera Advisor Networks LLC grew its holdings in iShares Russell Mid-Cap ETF by 2.1% during the 4th quarter. Cetera Advisor Networks LLC now owns 603,951 shares of the company’s stock worth $46,945,000 after acquiring an additional 12,448 shares during the last quarter. Finally, Northern Trust Corp increased its position in iShares Russell Mid-Cap ETF by 2.4% in the 4th quarter. Northern Trust Corp now owns 9,093,647 shares of the company’s stock valued at $706,849,000 after acquiring an additional 212,522 shares during the period.

iShares Russell Mid-Cap ETF Stock Performance

IWR stock opened at $87.57 on Wednesday. iShares Russell Mid-Cap ETF has a 52-week low of $64.66 and a 52-week high of $88.53. The company has a market capitalization of $36.18 billion, a P/E ratio of 20.27 and a beta of 1.02. The company has a fifty day moving average price of $84.92 and a 200-day moving average price of $82.88.

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.