iShares Russell Mid-Cap ETF $IWR Shares Newly Acquired by Granville Capital Inc.

Granville Capital Inc. purchased a new stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 24,518 shares of the company’s stock, valued at approximately $2,616,000. iShares Russell Mid-Cap ETF comprises approximately 1.0% of Granville Capital Inc.’s holdings, making the stock its 15th largest position.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. LJI Wealth Management LLC raised its holdings in iShares Russell Mid-Cap ETF by 2.8% during the 3rd quarter. LJI Wealth Management LLC now owns 198,047 shares of the company’s stock worth $21,134,000 after purchasing an additional 5,460 shares during the last quarter. Steph & Co. acquired a new position in shares of iShares Russell Mid-Cap ETF in the 3rd quarter worth approximately $11,870,000. Brookstone Capital Management acquired a new position in shares of iShares Russell Mid-Cap ETF in the 3rd quarter worth approximately $673,000. Whitener Capital Management Inc. boosted its stake in shares of iShares Russell Mid-Cap ETF by 120.5% in the 2nd quarter. Whitener Capital Management Inc. now owns 9,199 shares of the company’s stock valued at $1,015,000 after purchasing an additional 5,027 shares during the last quarter. Finally, Montgomery Financial Services LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the 2nd quarter valued at $1,670,000. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

NYSEARCA:IWR opened at $111.68 on Thursday. The firm’s fifty day moving average is $109.39 and its 200-day moving average is $106.38. iShares Russell Mid-Cap ETF has a 52 week low of $91.64 and a 52 week high of $114.97. The firm has a market cap of $58.89 billion, a P/E ratio of 20.27 and a beta of 1.00.

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.