First Foundation Advisors Acquires 28,664 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

First Foundation Advisors grew its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 6.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 497,899 shares of the company’s stock after acquiring an additional 28,664 shares during the period. iShares Russell Mid-Cap ETF accounts for 1.7% of First Foundation Advisors’ holdings, making the stock its 12th largest position. First Foundation Advisors owned about 0.12% of iShares Russell Mid-Cap ETF worth $44,014,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Jones Financial Companies Lllp grew its stake in shares of iShares Russell Mid-Cap ETF by 44.7% during the fourth quarter. Jones Financial Companies Lllp now owns 62,207,278 shares of the company’s stock worth $5,499,123,000 after buying an additional 19,216,938 shares during the last quarter. Wells Fargo & Company MN grew its position in iShares Russell Mid-Cap ETF by 2.7% in the 4th quarter. Wells Fargo & Company MN now owns 34,162,440 shares of the company’s stock worth $3,019,960,000 after purchasing an additional 894,376 shares in the last quarter. JPMorgan Chase & Co. grew its position in iShares Russell Mid-Cap ETF by 2.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,059,914 shares of the company’s stock worth $622,261,000 after purchasing an additional 198,719 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its position in shares of iShares Russell Mid-Cap ETF by 1.0% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 4,071,476 shares of the company’s stock valued at $359,919,000 after acquiring an additional 39,899 shares during the period. Finally, Truist Financial Corp boosted its holdings in iShares Russell Mid-Cap ETF by 1.7% in the 4th quarter. Truist Financial Corp now owns 3,674,764 shares of the company’s stock worth $324,849,000 after buying an additional 62,030 shares during the period.

iShares Russell Mid-Cap ETF Price Performance

NYSEARCA IWR opened at $80.51 on Thursday. The company’s 50 day simple moving average is $86.97 and its two-hundred day simple moving average is $89.34. The stock has a market capitalization of $36.03 billion, a PE ratio of 20.81 and a beta of 1.13. iShares Russell Mid-Cap ETF has a 1 year low of $73.17 and a 1 year high of $96.01.

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.