Paragon Private Wealth Management LLC Boosts Stock Holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Paragon Private Wealth Management LLC grew its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 10.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 64,784 shares of the company’s stock after buying an additional 5,997 shares during the quarter. iShares Russell Mid-Cap ETF accounts for 2.6% of Paragon Private Wealth Management LLC’s holdings, making the stock its 5th biggest position. Paragon Private Wealth Management LLC’s holdings in iShares Russell Mid-Cap ETF were worth $5,727,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of IWR. Roxbury Financial LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the 4th quarter worth approximately $25,000. Legacy Investment Solutions LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the 3rd quarter worth approximately $26,000. Newbridge Financial Services Group Inc. bought a new stake in shares of iShares Russell Mid-Cap ETF in the 4th quarter worth approximately $25,000. First Pacific Financial bought a new stake in shares of iShares Russell Mid-Cap ETF in the 4th quarter worth approximately $27,000. Finally, Fairscale Capital LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the 4th quarter worth approximately $27,000.

iShares Russell Mid-Cap ETF Trading Up 0.7 %

NYSEARCA:IWR opened at $86.76 on Monday. The stock has a market capitalization of $38.02 billion, a PE ratio of 20.66 and a beta of 1.13. The firm’s 50 day moving average is $90.46 and its 200 day moving average is $89.82. iShares Russell Mid-Cap ETF has a 12 month low of $78.36 and a 12 month high of $96.00.

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.