Montis Financial LLC Takes Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Montis Financial LLC purchased a new stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the 4th quarter, HoldingsChannel reports. The fund purchased 14,605 shares of the company’s stock, valued at approximately $1,291,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. First National Trust Co grew its stake in iShares Russell Mid-Cap ETF by 11.5% during the fourth quarter. First National Trust Co now owns 129,371 shares of the company’s stock valued at $11,436,000 after acquiring an additional 13,337 shares in the last quarter. Carret Asset Management LLC grew its stake in iShares Russell Mid-Cap ETF by 0.7% during the fourth quarter. Carret Asset Management LLC now owns 69,651 shares of the company’s stock valued at $6,157,000 after acquiring an additional 480 shares in the last quarter. Postrock Partners LLC purchased a new position in iShares Russell Mid-Cap ETF during the fourth quarter valued at approximately $1,673,000. Renasant Bank purchased a new position in iShares Russell Mid-Cap ETF during the fourth quarter valued at approximately $231,000. Finally, May Barnhard Investments LLC purchased a new position in iShares Russell Mid-Cap ETF during the fourth quarter valued at approximately $2,479,000.

iShares Russell Mid-Cap ETF Trading Up 2.5 %

Shares of NYSEARCA:IWR opened at $84.87 on Friday. The company has a 50 day moving average of $90.01 and a 200 day moving average of $89.70. The stock has a market cap of $37.19 billion, a P/E ratio of 20.66 and a beta of 1.13. iShares Russell Mid-Cap ETF has a 12 month low of $78.36 and a 12 month high of $96.00.

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.