Marshall Investment Management LLC Buys New Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Marshall Investment Management LLC bought a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 454 shares of the company’s stock, valued at approximately $40,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Roxbury Financial LLC bought a new stake in iShares Russell Mid-Cap ETF during the 4th quarter valued at approximately $25,000. Legacy Investment Solutions LLC bought a new stake in iShares Russell Mid-Cap ETF during the 3rd quarter valued at approximately $26,000. Newbridge Financial Services Group Inc. bought a new stake in iShares Russell Mid-Cap ETF during the 4th quarter valued at approximately $25,000. First Pacific Financial bought a new stake in iShares Russell Mid-Cap ETF during the 4th quarter valued at approximately $27,000. Finally, Hoese & Co LLP bought a new stake in iShares Russell Mid-Cap ETF during the 4th quarter valued at approximately $32,000.

iShares Russell Mid-Cap ETF Stock Down 2.2 %

Shares of NYSEARCA:IWR opened at $89.88 on Friday. The business has a 50 day moving average price of $90.77 and a 200 day moving average price of $89.42. iShares Russell Mid-Cap ETF has a twelve month low of $78.36 and a twelve month high of $96.00. The company has a market cap of $39.12 billion, a price-to-earnings ratio of 21.79 and a beta of 1.12.

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.