Northwest Wealth Advisors LLC Invests $3.31 Million in iShares Russell Mid-Cap ETF $IWR

Northwest Wealth Advisors LLC purchased a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 34,327 shares of the company’s stock, valued at approximately $3,305,000. iShares Russell Mid-Cap ETF makes up approximately 2.6% of Northwest Wealth Advisors LLC’s holdings, making the stock its 14th biggest holding.

A number of other hedge funds have also made changes to their positions in IWR. Corepath Wealth Partners LLC boosted its holdings in iShares Russell Mid-Cap ETF by 282.0% in the third quarter. Corepath Wealth Partners LLC now owns 17,110 shares of the company’s stock worth $1,665,000 after purchasing an additional 12,631 shares during the period. Atria Investments Inc boosted its holdings in iShares Russell Mid-Cap ETF by 23.2% in the third quarter. Atria Investments Inc now owns 32,527 shares of the company’s stock worth $3,140,000 after purchasing an additional 6,128 shares during the period. Tompkins Financial Corp boosted its holdings in iShares Russell Mid-Cap ETF by 465.7% in the fourth quarter. Tompkins Financial Corp now owns 116,276 shares of the company’s stock worth $11,194,000 after purchasing an additional 95,723 shares during the period. Becker Capital Management Inc. acquired a new position in iShares Russell Mid-Cap ETF in the third quarter worth $1,173,000. Finally, American Wealth Advisors LLC acquired a new position in iShares Russell Mid-Cap ETF in the third quarter worth $939,000. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

iShares Russell Mid-Cap ETF stock opened at $105.00 on Friday. iShares Russell Mid-Cap ETF has a 12 month low of $86.89 and a 12 month high of $106.43. The company has a market cap of $52.82 billion, a PE ratio of 21.00 and a beta of 1.01. The company has a fifty day moving average price of $101.22 and a two-hundred day moving average price of $99.50.

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.