Focus Financial Network Inc. Sells 4,677 Shares of iShares Russell Mid-Cap ETF $IWR

Focus Financial Network Inc. lessened its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.1% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 217,178 shares of the company’s stock after selling 4,677 shares during the quarter. iShares Russell Mid-Cap ETF comprises approximately 0.7% of Focus Financial Network Inc.’s holdings, making the stock its 25th largest position. Focus Financial Network Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $23,959,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. NFSG Corp lifted its stake in shares of iShares Russell Mid-Cap ETF by 93.1% in the first quarter. NFSG Corp now owns 280 shares of the company’s stock worth $27,000 after buying an additional 135 shares during the last quarter. HFM Investment Advisors LLC bought a new stake in shares of iShares Russell Mid-Cap ETF during the 4th quarter worth $28,000. Frazier Financial Advisors LLC acquired a new position in iShares Russell Mid-Cap ETF in the 1st quarter valued at $31,000. Reflection Asset Management acquired a new position in iShares Russell Mid-Cap ETF in the 4th quarter valued at $33,000. Finally, Scarborough Advisors LLC bought a new position in iShares Russell Mid-Cap ETF in the 1st quarter worth $38,000. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

iShares Russell Mid-Cap ETF stock opened at $113.11 on Monday. The firm has a market cap of $57.37 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a fifty-two week low of $91.64 and a fifty-two week high of $113.39. The firm has a fifty day moving average price of $109.35 and a two-hundred day moving average price of $104.29.

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.