Baker Ellis Asset Management LLC Buys New Shares in iShares Russell Mid-Cap ETF $IWR

Baker Ellis Asset Management LLC purchased a new stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 3rd quarter, HoldingsChannel reports. The fund purchased 16,214 shares of the company’s stock, valued at approximately $1,730,000.

A number of other hedge funds also recently modified their holdings of IWR. NFSG Corp increased its holdings in shares of iShares Russell Mid-Cap ETF by 93.1% in the 1st quarter. NFSG Corp now owns 280 shares of the company’s stock valued at $27,000 after purchasing an additional 135 shares during the period. Frazier Financial Advisors LLC acquired a new stake in iShares Russell Mid-Cap ETF in the first quarter valued at approximately $31,000. Reflection Asset Management bought a new stake in iShares Russell Mid-Cap ETF in the fourth quarter worth approximately $33,000. Tucker Asset Management LLC increased its stake in shares of iShares Russell Mid-Cap ETF by 234.6% during the 2nd quarter. Tucker Asset Management LLC now owns 358 shares of the company’s stock worth $39,000 after purchasing an additional 251 shares during the last quarter. Finally, Scarborough Advisors LLC bought a new position in shares of iShares Russell Mid-Cap ETF during the 1st quarter valued at $38,000. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

IWR traded down $1.37 on Wednesday, hitting $108.22. The company had a trading volume of 2,636,203 shares, compared to its average volume of 2,205,642. The stock has a market cap of $55.94 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00. The company’s fifty day moving average price is $110.71 and its 200 day moving average price is $107.70. iShares Russell Mid-Cap ETF has a 1-year low of $91.64 and a 1-year high of $114.97.

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. 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.