Grandfield & Dodd LLC Invests $236,000 in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Grandfield & Dodd LLC bought a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,675 shares of the company’s stock, valued at approximately $236,000.

Other large investors also recently made changes to their positions in the company. Cambridge Trust Co. grew its holdings in shares of iShares Russell Mid-Cap ETF by 2.8% during the first quarter. Cambridge Trust Co. now owns 8,344 shares of the company’s stock worth $702,000 after purchasing an additional 224 shares during the last quarter. LRI Investments LLC bought a new stake in shares of iShares Russell Mid-Cap ETF during the first quarter worth $120,000. Gradient Investments LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 358.6% during the second quarter. Gradient Investments LLC now owns 12,414 shares of the company’s stock worth $1,007,000 after purchasing an additional 9,707 shares during the last quarter. Motiv8 Investments LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 9.4% during the second quarter. Motiv8 Investments LLC now owns 30,329 shares of the company’s stock worth $2,459,000 after purchasing an additional 2,609 shares during the last quarter. Finally, LPL Financial LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 2.8% during the second quarter. LPL Financial LLC now owns 3,130,891 shares of the company’s stock worth $253,853,000 after purchasing an additional 84,394 shares during the last quarter.

iShares Russell Mid-Cap ETF Stock Performance

Shares of IWR stock opened at $92.30 on Thursday. iShares Russell Mid-Cap ETF has a 52 week low of $71.06 and a 52 week high of $93.85. The stock has a market capitalization of $38.13 billion, a PE ratio of 20.27 and a beta of 1.02. The stock’s fifty day moving average is $88.97 and its 200-day moving average is $84.92.

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.