Johnson Financial Group Inc. Boosts Stock Position in iShares Russell Mid-Cap ETF $IWR

Johnson Financial Group Inc. boosted its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 5.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 53,134 shares of the company’s stock after purchasing an additional 2,674 shares during the period. Johnson Financial Group Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $4,887,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC increased its stake in shares of iShares Russell Mid-Cap ETF by 4.2% during the fourth quarter. Brighton Jones LLC now owns 104,524 shares of the company’s stock valued at $9,240,000 after buying an additional 4,189 shares during the period. Revolve Wealth Partners LLC bought a new stake in iShares Russell Mid-Cap ETF in the fourth quarter valued at $323,000. Assetmark Inc. increased its position in iShares Russell Mid-Cap ETF by 6.8% during the 1st quarter. Assetmark Inc. now owns 3,137 shares of the company’s stock valued at $267,000 after purchasing an additional 199 shares during the period. Foundations Investment Advisors LLC increased its position in iShares Russell Mid-Cap ETF by 9.6% during the 1st quarter. Foundations Investment Advisors LLC now owns 9,204 shares of the company’s stock valued at $783,000 after purchasing an additional 808 shares during the period. Finally, N.E.W. Advisory Services LLC bought a new position in iShares Russell Mid-Cap ETF in the 1st quarter worth $30,000. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Up 0.7%

NYSEARCA:IWR opened at $96.38 on Thursday. The company has a 50-day moving average price of $95.70 and a 200-day moving average price of $93.74. The stock has a market cap of $45.21 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06. iShares Russell Mid-Cap ETF has a 12 month low of $73.17 and a 12 month 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.