Madden Advisory Services Inc. Purchases 797 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Madden Advisory Services Inc. increased its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 29.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,533 shares of the company’s stock after buying an additional 797 shares during the period. Madden Advisory Services Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $311,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Centennial Bank AR increased its position in shares of iShares Russell Mid-Cap ETF by 20.7% in the third quarter. Centennial Bank AR now owns 35,602 shares of the company’s stock worth $3,138,000 after purchasing an additional 6,101 shares during the period. Nvwm LLC grew its stake in iShares Russell Mid-Cap ETF by 4.5% during the third quarter. Nvwm LLC now owns 41,898 shares of the company’s stock worth $3,693,000 after buying an additional 1,807 shares in the last quarter. Princeton Global Asset Management LLC raised its position in shares of iShares Russell Mid-Cap ETF by 1,248.0% in the 3rd quarter. Princeton Global Asset Management LLC now owns 8,236 shares of the company’s stock valued at $726,000 after buying an additional 7,625 shares in the last quarter. Chicago Partners Investment Group LLC raised its position in iShares Russell Mid-Cap ETF by 1.2% during the third quarter. Chicago Partners Investment Group LLC now owns 28,490 shares of the company’s stock valued at $2,520,000 after purchasing an additional 349 shares in the last quarter. Finally, Creative Capital Management Investments LLC lifted its position in shares of iShares Russell Mid-Cap ETF by 97.3% during the 3rd quarter. Creative Capital Management Investments LLC now owns 2,368 shares of the company’s stock worth $209,000 after buying an additional 1,168 shares during the last quarter.

iShares Russell Mid-Cap ETF Price Performance

IWR stock opened at $87.80 on Tuesday. The company has a 50 day simple moving average of $87.35 and a 200 day simple moving average of $83.96. The stock has a market cap of $36.27 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a 1 year low of $67.59 and a 1 year high of $90.18.

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.