Arbor Wealth Advisors LLC Takes Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Arbor Wealth Advisors LLC bought a new position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 5,337 shares of the company’s stock, valued at approximately $472,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Legacy Investment Solutions LLC purchased a new position in shares of iShares Russell Mid-Cap ETF in the third quarter worth about $26,000. Future Financial Wealth Managment LLC acquired a new stake in iShares Russell Mid-Cap ETF during the 3rd quarter valued at approximately $30,000. Highline Wealth Partners LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF in the 3rd quarter valued at $41,000. Transcendent Capital Group LLC increased its stake in shares of iShares Russell Mid-Cap ETF by 150.2% in the third quarter. Transcendent Capital Group LLC now owns 523 shares of the company’s stock worth $46,000 after acquiring an additional 314 shares during the period. Finally, Moisand Fitzgerald Tamayo LLC raised its holdings in shares of iShares Russell Mid-Cap ETF by 113.7% during the third quarter. Moisand Fitzgerald Tamayo LLC now owns 560 shares of the company’s stock worth $49,000 after purchasing an additional 298 shares during the last quarter.

iShares Russell Mid-Cap ETF Price Performance

NYSEARCA IWR opened at $88.28 on Tuesday. The company has a fifty day moving average of $91.62 and a 200 day moving average of $87.56. The company has a market capitalization of $36.47 billion, a PE ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a 1 year low of $75.00 and a 1 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.