Nicolet Advisory Services LLC Makes New $475,000 Investment in iShares Russell Mid-Cap ETF $IWR

Nicolet Advisory Services LLC purchased a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the fourth quarter, Holdings Channel reports. The fund purchased 4,743 shares of the company’s stock, valued at approximately $475,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. Wells Fargo & Company MN boosted its position in iShares Russell Mid-Cap ETF by 3.6% during the 4th quarter. Wells Fargo & Company MN now owns 41,686,088 shares of the company’s stock worth $4,013,120,000 after acquiring an additional 1,438,369 shares during the period. Morgan Stanley boosted its position in iShares Russell Mid-Cap ETF by 4.5% during the 4th quarter. Morgan Stanley now owns 10,797,769 shares of the company’s stock worth $1,039,501,000 after acquiring an additional 460,088 shares during the period. Bank of New York Mellon Corp boosted its position in iShares Russell Mid-Cap ETF by 7.6% during the 4th quarter. Bank of New York Mellon Corp now owns 10,779,440 shares of the company’s stock worth $1,037,737,000 after acquiring an additional 756,994 shares during the period. Northern Trust Corp boosted its position in iShares Russell Mid-Cap ETF by 1.4% during the 3rd quarter. Northern Trust Corp now owns 9,804,635 shares of the company’s stock worth $946,638,000 after acquiring an additional 134,966 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in iShares Russell Mid-Cap ETF by 1.7% during the 4th quarter. JPMorgan Chase & Co. now owns 6,739,350 shares of the company’s stock worth $648,797,000 after acquiring an additional 115,580 shares during the period. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

Shares of IWR stock opened at $108.72 on Monday. iShares Russell Mid-Cap ETF has a 1 year low of $88.83 and a 1 year high of $109.08. The stock has a fifty day moving average of $104.38 and a two-hundred day moving average of $100.92. The firm has a market capitalization of $54.69 billion, a PE ratio of 21.00 and a beta of 1.00.

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. The Index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000 Index. The Index includes equity securities issued by issuers, which range in size between approximately $1.7 billion and $12 billion, though these amounts may change from time to time.