Ehrenkranz Partners L.P. Makes New $1.34 Million Investment in iShares Russell Mid-Cap ETF $IWR

Ehrenkranz Partners L.P. bought a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 13,898 shares of the company’s stock, valued at approximately $1,342,000. iShares Russell Mid-Cap ETF makes up about 1.2% of Ehrenkranz Partners L.P.’s holdings, making the stock its 14th biggest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of IWR. HHM Wealth Advisors LLC bought a new stake in iShares Russell Mid-Cap ETF during the 2nd quarter worth approximately $29,000. Traub Capital Management LLC purchased a new stake in iShares Russell Mid-Cap ETF in the 2nd quarter worth approximately $37,000. Smartleaf Asset Management LLC boosted its holdings in iShares Russell Mid-Cap ETF by 192.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 400 shares of the company’s stock valued at $39,000 after purchasing an additional 263 shares during the period. Cary Street Partners Investment Advisory LLC purchased a new position in shares of iShares Russell Mid-Cap ETF during the 3rd quarter valued at $47,000. Finally, Financial Gravity Companies Inc. bought a new position in shares of iShares Russell Mid-Cap ETF in the second quarter worth $47,000. 80.16% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Stock Performance

Shares of IWR stock opened at $97.08 on Friday. The company has a market capitalization of $46.43 billion, a PE ratio of 21.00 and a beta of 1.06. iShares Russell Mid-Cap ETF has a 52-week low of $73.17 and a 52-week high of $103.53. The business’s fifty day moving average is $100.69 and its 200 day moving average is $97.77.

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.