Exchange Capital Management Inc. Purchases New Shares in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Exchange Capital Management Inc. purchased a new stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 3,074 shares of the company’s stock, valued at approximately $272,000.

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

iShares Russell Mid-Cap ETF Stock Performance

NYSEARCA:IWR opened at $89.41 on Wednesday. iShares Russell Mid-Cap ETF has a fifty-two week low of $78.36 and a fifty-two week high of $96.00. The company has a market cap of $38.92 billion, a price-to-earnings ratio of 21.79 and a beta of 1.12. The stock has a fifty day moving average price of $90.68 and a 200-day moving average price of $89.59.

iShares Russell Mid-Cap ETF 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.