Paller Financial Services Inc Purchases New Stake in iShares Russell Mid-Cap ETF $IWR

Paller Financial Services Inc acquired a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,262 shares of the company’s stock, valued at approximately $507,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. First Horizon Corp purchased a new stake in shares of iShares Russell Mid-Cap ETF in the 3rd quarter worth about $10,431,000. D.A. Davidson & CO. lifted its holdings in shares of iShares Russell Mid-Cap ETF by 2.0% during the third quarter. D.A. Davidson & CO. now owns 318,885 shares of the company’s stock valued at $30,788,000 after purchasing an additional 6,307 shares during the last quarter. Ashton Thomas Securities LLC purchased a new position in iShares Russell Mid-Cap ETF during the third quarter valued at $810,000. Allspring Global Investments Holdings LLC raised its position in shares of iShares Russell Mid-Cap ETF by 156.2% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 15,134 shares of the company’s stock worth $1,461,000 after purchasing an additional 9,228 shares during the last quarter. Finally, TABR Capital Management LLC purchased a new position in iShares Russell Mid-Cap ETF in the third quarter worth about $6,405,000. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Up 2.6%

IWR stock opened at $97.23 on Wednesday. The stock has a market capitalization of $46.50 billion, a PE 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 $103.53. The stock’s 50 day simple moving average is $99.98 and its 200 day simple moving average is $97.85.

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. 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.