Rialto Wealth Management LLC Makes New $59,000 Investment in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Rialto Wealth Management LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 4th quarter, HoldingsChannel reports. The fund acquired 667 shares of the company’s stock, valued at approximately $59,000.

A number of other institutional investors also recently modified their holdings of the company. Proficio Capital Partners LLC purchased a new stake in iShares Russell Mid-Cap ETF in the third quarter worth $32,886,000. XML Financial LLC lifted its position in shares of iShares Russell Mid-Cap ETF by 2.5% in the 3rd quarter. XML Financial LLC now owns 279,287 shares of the company’s stock worth $24,616,000 after purchasing an additional 6,892 shares during the period. Mesirow Financial Investment Management Inc. boosted its stake in shares of iShares Russell Mid-Cap ETF by 15.7% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 544,936 shares of the company’s stock valued at $48,031,000 after purchasing an additional 73,966 shares in the last quarter. Mach 1 Financial Group LLC boosted its stake in shares of iShares Russell Mid-Cap ETF by 5.4% during the 3rd quarter. Mach 1 Financial Group LLC now owns 5,458 shares of the company’s stock valued at $481,000 after purchasing an additional 282 shares in the last quarter. Finally, 17 Capital Partners LLC purchased a new position in shares of iShares Russell Mid-Cap ETF during the third quarter valued at about $201,000.

iShares Russell Mid-Cap ETF Price Performance

Shares of IWR opened at $86.76 on Monday. The company has a 50-day simple moving average of $90.46 and a two-hundred day simple moving average of $89.82. The firm has a market capitalization of $38.02 billion, a PE ratio of 20.66 and a beta of 1.13. iShares Russell Mid-Cap ETF has a one year low of $78.36 and a one 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.