Goldstone Financial Group LLC Makes New $7.19 Million Investment in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Goldstone Financial Group LLC bought a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 81,515 shares of the company’s stock, valued at approximately $7,185,000. iShares Russell Mid-Cap ETF comprises about 1.3% of Goldstone Financial Group LLC’s investment portfolio, making the stock its 24th biggest holding.

Other hedge funds also recently made changes to their positions in the company. Mission Wealth Management LP increased its holdings in iShares Russell Mid-Cap ETF by 22.1% during the first quarter. Mission Wealth Management LP now owns 8,749 shares of the company’s stock worth $736,000 after buying an additional 1,584 shares during the last quarter. Mutual of America Capital Management LLC raised its holdings in shares of iShares Russell Mid-Cap ETF by 7.0% in the 1st quarter. Mutual of America Capital Management LLC now owns 9,035 shares of the company’s stock worth $760,000 after purchasing an additional 595 shares during the period. Cambridge Trust Co. lifted its stake in iShares Russell Mid-Cap ETF by 2.8% in the first quarter. Cambridge Trust Co. now owns 8,344 shares of the company’s stock valued at $702,000 after purchasing an additional 224 shares during the last quarter. LRI Investments LLC bought a new position in iShares Russell Mid-Cap ETF during the first quarter valued at $120,000. Finally, Gradient Investments LLC increased its position in iShares Russell Mid-Cap ETF by 358.6% in the second quarter. Gradient Investments LLC now owns 12,414 shares of the company’s stock worth $1,007,000 after buying an additional 9,707 shares during the last quarter.

iShares Russell Mid-Cap ETF Price Performance

Shares of IWR opened at $88.80 on Thursday. iShares Russell Mid-Cap ETF has a 1 year low of $65.14 and a 1 year high of $90.18. The stock’s fifty day moving average price is $87.24 and its two-hundred day moving average price is $83.74. The firm has a market cap of $36.68 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.