Garde Capital Inc. Invests $44,000 in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Garde Capital Inc. purchased a new position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 516 shares of the company’s stock, valued at approximately $44,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Fairscale Capital LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter worth about $27,000. WR Wealth Planners LLC lifted its holdings in shares of iShares Russell Mid-Cap ETF by 392.0% in the fourth quarter. WR Wealth Planners LLC now owns 369 shares of the company’s stock worth $33,000 after buying an additional 294 shares in the last quarter. Legacy Investment Solutions LLC lifted its holdings in shares of iShares Russell Mid-Cap ETF by 50.4% in the fourth quarter. Legacy Investment Solutions LLC now owns 427 shares of the company’s stock worth $39,000 after buying an additional 143 shares in the last quarter. Marshall Investment Management LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter worth about $40,000. Finally, Provident Wealth Management LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter worth about $41,000.

iShares Russell Mid-Cap ETF Trading Up 0.1%

IWR stock opened at $89.53 on Friday. The company’s 50 day moving average is $86.90 and its 200 day moving average is $87.95. The stock has a market cap of $40.80 billion, a price-to-earnings ratio of 20.51 and a beta of 1.05. iShares Russell Mid-Cap ETF has a 1-year low of $73.17 and a 1-year high of $96.01.

iShares Russell Mid-Cap ETF Company 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.