Focus Partners Wealth Acquires 32,367 Shares of iShares Russell Mid-Cap ETF $IWR

Focus Partners Wealth increased its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 6.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 501,958 shares of the company’s stock after buying an additional 32,367 shares during the quarter. Focus Partners Wealth’s holdings in iShares Russell Mid-Cap ETF were worth $48,325,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Piscataqua Savings Bank raised its stake in iShares Russell Mid-Cap ETF by 11.1% during the 4th quarter. Piscataqua Savings Bank now owns 1,000 shares of the company’s stock worth $96,000 after buying an additional 100 shares during the period. Advisor OS LLC raised its stake in iShares Russell Mid-Cap ETF by 1.8% during the 3rd quarter. Advisor OS LLC now owns 6,854 shares of the company’s stock worth $662,000 after buying an additional 118 shares during the period. Walled Lake Planning & Wealth Management LLC raised its stake in iShares Russell Mid-Cap ETF by 1.6% during the 4th quarter. Walled Lake Planning & Wealth Management LLC now owns 7,751 shares of the company’s stock worth $746,000 after buying an additional 119 shares during the period. Rossby Financial LCC raised its stake in iShares Russell Mid-Cap ETF by 14.3% during the 3rd quarter. Rossby Financial LCC now owns 997 shares of the company’s stock worth $96,000 after buying an additional 125 shares during the period. Finally, Welch Group LLC raised its stake in iShares Russell Mid-Cap ETF by 5.4% during the 4th quarter. Welch Group LLC now owns 2,447 shares of the company’s stock worth $236,000 after buying an additional 126 shares during the period. 80.16% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Stock Performance

IWR stock opened at $109.43 on Tuesday. The stock’s 50 day simple moving average is $104.60 and its 200 day simple moving average is $101.01. iShares Russell Mid-Cap ETF has a fifty-two week low of $88.83 and a fifty-two week high of $110.16. The company has a market cap of $55.04 billion, a P/E 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.