First Commonwealth Financial Corp PA Boosts Stock Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

First Commonwealth Financial Corp PA grew its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 7.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 8,360 shares of the company’s stock after purchasing an additional 545 shares during the quarter. First Commonwealth Financial Corp PA’s holdings in iShares Russell Mid-Cap ETF were worth $737,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of IWR. Paladin Advisory Group LLC acquired a new position in iShares Russell Mid-Cap ETF in the second quarter valued at $27,000. Future Financial Wealth Managment LLC acquired a new stake in iShares Russell Mid-Cap ETF during the third quarter worth about $30,000. Sage Mountain Advisors LLC lifted its stake in shares of iShares Russell Mid-Cap ETF by 50.9% in the 2nd quarter. Sage Mountain Advisors LLC now owns 403 shares of the company’s stock valued at $33,000 after purchasing an additional 136 shares in the last quarter. Cultivar Capital Inc. acquired a new stake in iShares Russell Mid-Cap ETF during the 2nd quarter worth approximately $41,000. Finally, Highline Wealth Partners LLC acquired a new position in iShares Russell Mid-Cap ETF during the third quarter valued at approximately $41,000.

iShares Russell Mid-Cap ETF Stock Up 0.5 %

Shares of IWR stock traded up $0.43 during mid-day trading on Wednesday, reaching $95.76. The company’s stock had a trading volume of 264,730 shares, compared to its average volume of 1,291,667. The company’s 50 day simple moving average is $89.65 and its 200-day simple moving average is $85.30. iShares Russell Mid-Cap ETF has a 12-month low of $71.41 and a 12-month high of $96.00. The firm has a market capitalization of $39.56 billion, a PE ratio of 20.27 and a beta of 1.02.

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.