Cadence Bank Takes $415,000 Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Cadence Bank bought a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,711 shares of the company’s stock, valued at approximately $415,000.

Several other hedge funds have also recently bought and sold shares of the business. Paladin Advisory Group LLC acquired a new position in shares of iShares Russell Mid-Cap ETF during the second quarter worth about $27,000. Future Financial Wealth Managment LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the 3rd quarter valued at about $30,000. Sage Mountain Advisors LLC lifted its position in iShares Russell Mid-Cap ETF by 50.9% during the 2nd quarter. Sage Mountain Advisors LLC now owns 403 shares of the company’s stock worth $33,000 after acquiring an additional 136 shares in the last quarter. Cultivar Capital Inc. acquired a new position in iShares Russell Mid-Cap ETF during the 2nd quarter worth approximately $41,000. Finally, Highline Wealth Partners LLC purchased a new position in iShares Russell Mid-Cap ETF in the 3rd quarter worth approximately $41,000.

iShares Russell Mid-Cap ETF Stock Down 0.1 %

IWR opened at $95.25 on Thursday. The firm’s 50 day moving average is $89.82 and its 200-day moving average is $85.37. iShares Russell Mid-Cap ETF has a 52-week low of $71.41 and a 52-week high of $96.00. The firm has a market capitalization of $39.35 billion, a P/E ratio of 20.27 and a beta of 1.02.

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.