Kirr Marbach & Co. LLC IN Buys 5,000 Shares of iShares Russell Mid-Cap ETF $IWR

Kirr Marbach & Co. LLC IN bought a new stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 3rd quarter, according to its most recent filing with the SEC. The fund bought 5,000 shares of the company’s stock, valued at approximately $534,000.

A number of other hedge funds have also recently added to or reduced their stakes in IWR. Baird Financial Group Inc. grew its position in iShares Russell Mid-Cap ETF by 18.8% during the second quarter. Baird Financial Group Inc. now owns 10,660,298 shares of the company’s stock valued at $1,176,044,000 after buying an additional 1,690,390 shares during the period. Performa Ltd US LLC raised its position in shares of iShares Russell Mid-Cap ETF by 465.1% in the second quarter. Performa Ltd US LLC now owns 1,124,020 shares of the company’s stock worth $124,002,000 after acquiring an additional 925,119 shares during the period. Fifth Third Bancorp raised its position in shares of iShares Russell Mid-Cap ETF by 25.7% in the first quarter. Fifth Third Bancorp now owns 2,547,979 shares of the company’s stock worth $247,740,000 after acquiring an additional 521,709 shares during the period. Coastline Trust Co purchased a new stake in shares of iShares Russell Mid-Cap ETF during the 3rd quarter worth about $29,787,000. Finally, Tompkins Financial Corp purchased a new stake in shares of iShares Russell Mid-Cap ETF during the 3rd quarter worth about $19,831,000. 80.16% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Stock Up 1.2%

NYSEARCA:IWR opened at $109.60 on Wednesday. iShares Russell Mid-Cap ETF has a 52 week low of $91.64 and a 52 week high of $114.97. The stock has a market capitalization of $56.88 billion, a PE ratio of 21.00 and a beta of 1.00. The stock’s 50-day moving average price is $110.32 and its 200-day moving average price is $108.14.

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.