Future Fund LLC Takes Position in iShares Russell Mid-Cap ETF $IWR

Future Fund LLC purchased a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 3,286 shares of the company’s stock, valued at approximately $302,000.

Other large investors have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp boosted its position in shares of iShares Russell Mid-Cap ETF by 6.9% in the first quarter. Jones Financial Companies Lllp now owns 66,497,354 shares of the company’s stock worth $5,628,396,000 after buying an additional 4,290,076 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of iShares Russell Mid-Cap ETF by 23.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 9,899,322 shares of the company’s stock valued at $910,441,000 after buying an additional 1,880,984 shares during the period. Natixis Advisors LLC lifted its position in iShares Russell Mid-Cap ETF by 122.0% during the 1st quarter. Natixis Advisors LLC now owns 1,872,952 shares of the company’s stock worth $159,332,000 after acquiring an additional 1,029,115 shares in the last quarter. Mesirow Financial Investment Management Inc. boosted its holdings in iShares Russell Mid-Cap ETF by 103.7% in the 1st quarter. Mesirow Financial Investment Management Inc. now owns 1,119,648 shares of the company’s stock worth $95,248,000 after acquiring an additional 569,914 shares during the period. Finally, US Bancorp DE boosted its holdings in iShares Russell Mid-Cap ETF by 2.2% in the 1st quarter. US Bancorp DE now owns 19,325,451 shares of the company’s stock worth $1,644,034,000 after acquiring an additional 418,491 shares during the period. 80.16% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Stock Up 1.1%

IWR opened at $95.41 on Monday. The firm has a market capitalization of $44.75 billion, a P/E ratio of 21.00 and a beta of 1.06. The firm’s 50 day moving average is $96.13 and its 200-day moving average is $92.92. iShares Russell Mid-Cap ETF has a 52-week low of $73.17 and a 52-week high of $97.87.

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.