Manchester Capital Management LLC Makes New Investment in iShares Russell Mid-Cap ETF $IWR

Manchester Capital Management LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 19,568 shares of the company’s stock, valued at approximately $2,088,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IWR. Barrett & Company Inc. purchased a new stake in shares of iShares Russell Mid-Cap ETF in the 3rd quarter valued at about $104,000. NORTHSTAR ASSET MANAGEMENT Co purchased a new position in shares of iShares Russell Mid-Cap ETF during the third quarter worth about $136,000. Capital Investment Advisors LLC purchased a new position in shares of iShares Russell Mid-Cap ETF during the third quarter worth about $951,000. Wedbush Securities Inc. purchased a new position in shares of iShares Russell Mid-Cap ETF during the third quarter worth about $304,000. Finally, Atala Financial Inc increased its position in shares of iShares Russell Mid-Cap ETF by 10.2% in the third quarter. Atala Financial Inc now owns 19,291 shares of the company’s stock worth $2,059,000 after purchasing an additional 1,781 shares during the last quarter. 80.16% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Price Performance

Shares of IWR opened at $109.47 on Friday. The firm’s 50 day simple moving average is $110.04 and its 200 day simple moving average is $108.31. iShares Russell Mid-Cap ETF has a 1-year low of $91.64 and a 1-year high of $114.97. The company has a market capitalization of $56.92 billion, a P/E ratio of 21.00 and a beta of 1.00.

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.