iShares Russell Mid-Cap ETF $IWR Stake Lowered by Focus Financial Network Inc.

Focus Financial Network Inc. cut its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 217,178 shares of the company’s stock after selling 4,677 shares during the quarter. iShares Russell Mid-Cap ETF makes up 0.7% of Focus Financial Network Inc.’s portfolio, making the stock its 25th biggest holding. Focus Financial Network Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $23,959,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Roxbury Financial LLC increased its position in iShares Russell Mid-Cap ETF by 12.3% in the 2nd quarter. Roxbury Financial LLC now owns 893 shares of the company’s stock worth $99,000 after purchasing an additional 98 shares during the last quarter. Asset Management Group Inc. lifted its holdings in shares of iShares Russell Mid-Cap ETF by 0.3% during the 1st quarter. Asset Management Group Inc. now owns 39,600 shares of the company’s stock valued at $3,850,000 after buying an additional 102 shares during the last quarter. Axis Wealth Partners LLC grew its stake in shares of iShares Russell Mid-Cap ETF by 1.7% in the 1st quarter. Axis Wealth Partners LLC now owns 6,282 shares of the company’s stock valued at $611,000 after buying an additional 108 shares in the last quarter. Farmers National Bank grew its stake in shares of iShares Russell Mid-Cap ETF by 0.6% in the 1st quarter. Farmers National Bank now owns 20,278 shares of the company’s stock valued at $1,972,000 after buying an additional 118 shares in the last quarter. Finally, Walled Lake Planning & Wealth Management LLC grew its stake in shares of iShares Russell Mid-Cap ETF by 1.6% in the 4th quarter. Walled Lake Planning & Wealth Management LLC now owns 7,751 shares of the company’s stock valued at $746,000 after buying an additional 119 shares in the last quarter. 80.16% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Stock Performance

NYSEARCA:IWR opened at $113.11 on Monday. The company has a market capitalization of $57.37 billion, a P/E ratio of 21.00 and a beta of 1.00. The stock’s 50 day moving average price is $109.35 and its 200 day moving average price is $104.29. iShares Russell Mid-Cap ETF has a 52 week low of $91.64 and a 52 week high of $113.39.

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.