Independent Financial Group LLC Buys Shares of 11,698 iShares Russell Mid-Cap ETF $IWR

Independent Financial Group LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 11,698 shares of the company’s stock, valued at approximately $1,137,000.

A number of other institutional investors have also modified their holdings of the company. NFSG Corp raised its stake in shares of iShares Russell Mid-Cap ETF by 93.1% during the 1st quarter. NFSG Corp now owns 280 shares of the company’s stock worth $27,000 after acquiring an additional 135 shares in the last quarter. HFM Investment Advisors LLC acquired a new stake in iShares Russell Mid-Cap ETF in the fourth quarter valued at approximately $28,000. Frazier Financial Advisors LLC acquired a new stake in iShares Russell Mid-Cap ETF in the first quarter valued at approximately $31,000. Reflection Asset Management purchased a new position in iShares Russell Mid-Cap ETF in the fourth quarter worth $33,000. Finally, Commonwealth Retirement Investments LLC purchased a new position in iShares Russell Mid-Cap ETF in the fourth quarter worth $41,000. 80.16% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap ETF Trading Down 0.5%

Shares of IWR stock opened at $108.78 on Tuesday. iShares Russell Mid-Cap ETF has a 12-month low of $91.36 and a 12-month high of $111.43. The business’s fifty day simple moving average is $107.89 and its 200-day simple moving average is $103.18. The company has a market cap of $56.47 billion, a PE ratio of 21.00 and a beta of 1.00.

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. The Index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000 Index. The Index includes equity securities issued by issuers, which range in size between approximately $1.7 billion and $12 billion, though these amounts may change from time to time.