Cornerstone Wealth Group LLC Increases Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Cornerstone Wealth Group LLC increased its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 78,248 shares of the company’s stock after buying an additional 2,098 shares during the period. Cornerstone Wealth Group LLC’s holdings in iShares Russell Mid-Cap ETF were worth $6,917,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in the company. Legacy Investment Solutions LLC purchased a new position in shares of iShares Russell Mid-Cap ETF in the third quarter worth about $26,000. First Pacific Financial purchased a new position in iShares Russell Mid-Cap ETF during the 4th quarter worth approximately $27,000. Future Financial Wealth Managment LLC purchased a new position in iShares Russell Mid-Cap ETF during the 3rd quarter worth approximately $30,000. Hoese & Co LLP acquired a new stake in iShares Russell Mid-Cap ETF during the 4th quarter valued at approximately $32,000. Finally, Highline Wealth Partners LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF in the 3rd quarter valued at $41,000.

iShares Russell Mid-Cap ETF Price Performance

Shares of iShares Russell Mid-Cap ETF stock opened at $92.63 on Monday. The stock has a market cap of $38.27 billion, a PE ratio of 20.27 and a beta of 1.02. The firm has a fifty day moving average price of $91.57 and a 200 day moving average price of $88.20. iShares Russell Mid-Cap ETF has a 1 year low of $76.25 and a 1 year high of $96.00.

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.