Penn Capital Management Co. Inc. Acquires New Holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Penn Capital Management Co. Inc. acquired a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 14,385 shares of the company’s stock, valued at approximately $669,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Community Bank N.A. raised its holdings in iShares Russell Mid-Cap ETF by 300.0% during the fourth quarter. Community Bank N.A. now owns 580 shares of the company’s stock worth $27,000 after purchasing an additional 435 shares in the last quarter. Riverview Trust Co bought a new stake in iShares Russell Mid-Cap ETF during the fourth quarter worth approximately $27,000. Kwmg LLC bought a new stake in iShares Russell Mid-Cap ETF during the fourth quarter worth approximately $39,000. Kistler Tiffany Companies LLC raised its holdings in iShares Russell Mid-Cap ETF by 300.0% during the fourth quarter. Kistler Tiffany Companies LLC now owns 900 shares of the company’s stock worth $42,000 after purchasing an additional 675 shares in the last quarter. Finally, Sterling Investment Advisors Ltd. raised its holdings in iShares Russell Mid-Cap ETF by 300.0% during the fourth quarter. Sterling Investment Advisors Ltd. now owns 940 shares of the company’s stock worth $43,000 after purchasing an additional 705 shares in the last quarter.

Shares of NYSEARCA IWR traded up $0.11 during trading on Friday, hitting $55.22. The company had a trading volume of 1,598,341 shares, compared to its average volume of 2,149,971. iShares Russell Mid-Cap ETF has a 52 week low of $43.64 and a 52 week high of $56.23.

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Thursday, March 21st were issued a $0.1848 dividend. The ex-dividend date was Wednesday, March 20th. This represents a $0.74 annualized dividend and a dividend yield of 1.34%.

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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.

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Institutional Ownership by Quarter for iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

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