JMG Financial Group Ltd. Has $89.10 Million Stake in iShares Russell Mid-Cap ETF $IWR

JMG Financial Group Ltd. increased its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 5.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 916,371 shares of the company’s stock after purchasing an additional 48,213 shares during the period. iShares Russell Mid-Cap ETF makes up 2.5% of JMG Financial Group Ltd.’s investment portfolio, making the stock its 12th largest holding. JMG Financial Group Ltd. owned about 0.18% of iShares Russell Mid-Cap ETF worth $89,099,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. Brighton Jones LLC increased its stake in iShares Russell Mid-Cap ETF by 4.2% during the 4th quarter. Brighton Jones LLC now owns 104,524 shares of the company’s stock valued at $9,240,000 after purchasing an additional 4,189 shares in the last quarter. Revolve Wealth Partners LLC bought a new position in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at $323,000. Quantbot Technologies LP bought a new position in shares of iShares Russell Mid-Cap ETF in the second quarter valued at $64,000. Qube Research & Technologies Ltd grew its holdings in shares of iShares Russell Mid-Cap ETF by 581.4% during the second quarter. Qube Research & Technologies Ltd now owns 9,253 shares of the company’s stock valued at $851,000 after buying an additional 7,895 shares during the last quarter. Finally, Ieq Capital LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 2.6% during the second quarter. Ieq Capital LLC now owns 86,647 shares of the company’s stock valued at $7,969,000 after buying an additional 2,199 shares during the last quarter. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

NYSEARCA:IWR opened at $108.78 on Tuesday. The firm has a 50-day moving average of $107.89 and a 200-day moving average of $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 has a one year low of $91.36 and a one year high of $111.43.

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.