Traynor Capital Management Inc. Purchases Shares of 12,498 iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Traynor Capital Management Inc. acquired a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 12,498 shares of the company’s stock, valued at approximately $1,105,000.

A number of other institutional investors and hedge funds also recently modified their holdings of IWR. Legacy Investment Solutions LLC acquired a new position in iShares Russell Mid-Cap ETF during the third quarter worth approximately $26,000. First Pacific Financial bought a new position in shares of iShares Russell Mid-Cap ETF during the 4th quarter worth approximately $27,000. Future Financial Wealth Managment LLC acquired a new position in shares of iShares Russell Mid-Cap ETF during the 3rd quarter worth approximately $30,000. Hoese & Co LLP bought a new stake in iShares Russell Mid-Cap ETF in the 4th quarter valued at $32,000. Finally, Highline Wealth Partners LLC acquired a new stake in iShares Russell Mid-Cap ETF during the 3rd quarter valued at $41,000.

iShares Russell Mid-Cap ETF Price Performance

NYSEARCA:IWR opened at $92.45 on Thursday. The company has a market cap of $38.19 billion, a P/E ratio of 20.27 and a beta of 1.02. The firm’s fifty day moving average price is $91.52 and its two-hundred day moving average price is $88.00. iShares Russell Mid-Cap ETF has a one year low of $76.25 and a one year high of $96.00.

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.