Select Equity Group L.P. Takes $894,000 Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Select Equity Group L.P. acquired a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,108 shares of the company’s stock, valued at approximately $894,000.

Other institutional investors have also recently made changes to their positions in the company. Newbridge Financial Services Group Inc. purchased a new stake in iShares Russell Mid-Cap ETF in the fourth quarter worth $25,000. Roxbury Financial LLC purchased a new stake in iShares Russell Mid-Cap ETF in the fourth quarter worth $25,000. First Pacific Financial purchased a new stake in iShares Russell Mid-Cap ETF in the fourth quarter worth $27,000. Fairscale Capital LLC purchased a new stake in iShares Russell Mid-Cap ETF in the fourth quarter worth $27,000. Finally, Hoese & Co LLP purchased a new stake in iShares Russell Mid-Cap ETF in the fourth quarter worth $32,000.

iShares Russell Mid-Cap ETF Stock Up 1.1%

Shares of IWR stock opened at $90.74 on Friday. The stock has a fifty day moving average of $83.70 and a 200 day moving average of $88.51. iShares Russell Mid-Cap ETF has a 52 week low of $73.17 and a 52 week high of $96.01. The firm has a market capitalization of $41.49 billion, a price-to-earnings ratio of 19.36 and a beta of 1.06.

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.