Matrix Asset Advisors Inc. NY Buys 4,467 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Matrix Asset Advisors Inc. NY lifted its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 8.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 54,406 shares of the company’s stock after purchasing an additional 4,467 shares during the quarter. Matrix Asset Advisors Inc. NY’s holdings in iShares Russell Mid-Cap ETF were worth $4,809,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Revolve Wealth Partners LLC bought a new position in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at approximately $323,000. BankPlus Wealth Management LLC bought a new position in iShares Russell Mid-Cap ETF in the 4th quarter valued at $2,033,000. Strategic Wealth Investment Group LLC purchased a new position in shares of iShares Russell Mid-Cap ETF during the 4th quarter valued at $4,016,000. Cornerstone Wealth Group LLC increased its holdings in shares of iShares Russell Mid-Cap ETF by 2.8% in the fourth quarter. Cornerstone Wealth Group LLC now owns 78,248 shares of the company’s stock worth $6,917,000 after purchasing an additional 2,098 shares during the period. Finally, Blue Trust Inc. raised its position in shares of iShares Russell Mid-Cap ETF by 13.3% in the fourth quarter. Blue Trust Inc. now owns 16,800 shares of the company’s stock worth $1,481,000 after buying an additional 1,973 shares in the last quarter.

iShares Russell Mid-Cap ETF Stock Down 0.7 %

NYSEARCA:IWR opened at $91.99 on Tuesday. The stock has a market cap of $38.00 billion, a P/E ratio of 20.27 and a beta of 1.02. The business’s 50-day moving average price is $91.57 and its two-hundred day moving average price is $88.24. iShares Russell Mid-Cap ETF has a twelve month low of $76.25 and a twelve 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.