Hanlon Investment Management Inc. Makes New Investment in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Hanlon Investment Management Inc. purchased a new position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 3,387 shares of the company’s stock, valued at approximately $275,000.

Several other hedge funds have also made changes to their positions in IWR. Pathstone Holdings LLC acquired a new position in shares of iShares Russell Mid-Cap ETF in the 4th quarter valued at $157,496,000. Baird Financial Group Inc. increased its stake in iShares Russell Mid-Cap ETF by 28.3% in the fourth quarter. Baird Financial Group Inc. now owns 7,802,114 shares of the company’s stock valued at $606,458,000 after acquiring an additional 1,722,388 shares during the period. Natixis Advisors LLC raised its position in iShares Russell Mid-Cap ETF by 337.3% in the second quarter. Natixis Advisors LLC now owns 1,668,038 shares of the company’s stock worth $135,245,000 after purchasing an additional 1,286,639 shares in the last quarter. Cetera Investment Advisers raised its position in iShares Russell Mid-Cap ETF by 849.0% in the first quarter. Cetera Investment Advisers now owns 1,192,772 shares of the company’s stock worth $100,300,000 after purchasing an additional 1,067,086 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its stake in iShares Russell Mid-Cap ETF by 3.5% during the fourth quarter. Jones Financial Companies Lllp now owns 20,399,582 shares of the company’s stock worth $1,585,660,000 after purchasing an additional 695,205 shares during the period.

iShares Russell Mid-Cap ETF Stock Performance

NYSEARCA IWR traded down $1.02 during trading on Friday, reaching $83.46. 937,725 shares of the company traded hands, compared to its average volume of 1,257,209. iShares Russell Mid-Cap ETF has a 1-year low of $64.66 and a 1-year high of $86.91. The stock’s 50 day moving average price is $83.46 and its two-hundred day moving average price is $82.17. The company has a market cap of $34.48 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02.

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.