Sterling Investment Counsel LLC Purchases New Position in iShares Russell Mid-Cap ETF $IWR

Sterling Investment Counsel LLC purchased a new position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 1st quarter, HoldingsChannel reports. The firm purchased 7,160 shares of the company’s stock, valued at approximately $696,000.

Several other large investors also recently added to or reduced their stakes in the stock. Piscataqua Savings Bank raised its position in iShares Russell Mid-Cap ETF by 11.1% during the fourth quarter. Piscataqua Savings Bank now owns 1,000 shares of the company’s stock valued at $96,000 after purchasing an additional 100 shares during the period. Advisor OS LLC lifted its stake in shares of iShares Russell Mid-Cap ETF by 1.8% in the 3rd quarter. Advisor OS LLC now owns 6,854 shares of the company’s stock valued at $662,000 after purchasing an additional 118 shares during the last quarter. Walled Lake Planning & Wealth Management LLC boosted its holdings in shares of iShares Russell Mid-Cap ETF by 1.6% in the 4th quarter. Walled Lake Planning & Wealth Management LLC now owns 7,751 shares of the company’s stock worth $746,000 after purchasing an additional 119 shares during the period. Asset Management Group Inc. boosted its holdings in shares of iShares Russell Mid-Cap ETF by 0.3% in the 4th quarter. Asset Management Group Inc. now owns 39,498 shares of the company’s stock worth $3,802,000 after purchasing an additional 124 shares during the period. Finally, Rossby Financial LCC boosted its holdings in shares of iShares Russell Mid-Cap ETF by 14.3% in the 3rd quarter. Rossby Financial LCC now owns 997 shares of the company’s stock worth $96,000 after purchasing an additional 125 shares during the period. 80.16% of the stock is owned by institutional investors.

iShares Russell Mid-Cap ETF Stock Performance

NYSEARCA IWR opened at $108.54 on Monday. The company has a market cap of $54.60 billion, a P/E ratio of 21.00 and a beta of 1.00. The business’s 50 day moving average price is $105.34 and its 200-day moving average price is $101.35. iShares Russell Mid-Cap ETF has a fifty-two week low of $88.83 and a fifty-two week high of $110.22.

iShares Russell Mid-Cap ETF Company 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.