iShares Russell Mid-Cap ETF $IWR Shares Bought by Strategic Financial Partners Ltd.

Strategic Financial Partners Ltd. lifted its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 33.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 130,994 shares of the company’s stock after acquiring an additional 32,833 shares during the period. iShares Russell Mid-Cap ETF comprises approximately 5.8% of Strategic Financial Partners Ltd.’s holdings, making the stock its 5th largest position. Strategic Financial Partners Ltd.’s holdings in iShares Russell Mid-Cap ETF were worth $12,648,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Advantage Trust Co acquired a new position in iShares Russell Mid-Cap ETF during the second quarter valued at $28,000. HHM Wealth Advisors LLC acquired a new stake in iShares Russell Mid-Cap ETF during the 2nd quarter worth about $29,000. Traub Capital Management LLC purchased a new position in iShares Russell Mid-Cap ETF during the 2nd quarter valued at about $37,000. Legacy Investment Solutions LLC purchased a new position in iShares Russell Mid-Cap ETF during the 2nd quarter valued at about $38,000. Finally, Smartleaf Asset Management LLC increased its holdings in shares of iShares Russell Mid-Cap ETF by 192.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 400 shares of the company’s stock valued at $39,000 after purchasing an additional 263 shares during the period. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

NYSEARCA IWR opened at $102.23 on Wednesday. The firm has a market capitalization of $48.89 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06. The company has a 50 day simple moving average of $98.87 and a 200-day simple moving average of $96.66. iShares Russell Mid-Cap ETF has a 52-week low of $73.17 and a 52-week high of $102.74.

About iShares Russell Mid-Cap ETF

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.