Narus Financial Partners LLC Raises Stock Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Narus Financial Partners LLC grew its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 24.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,702 shares of the company’s stock after purchasing an additional 6,221 shares during the period. iShares Russell Mid-Cap ETF comprises about 0.9% of Narus Financial Partners LLC’s portfolio, making the stock its 19th biggest position. Narus Financial Partners LLC’s holdings in iShares Russell Mid-Cap ETF were worth $2,697,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of IWR. GAMMA Investing LLC boosted its holdings in shares of iShares Russell Mid-Cap ETF by 8,839.6% in the first quarter. GAMMA Investing LLC now owns 2,206,388 shares of the company’s stock valued at $187,697,000 after acquiring an additional 2,181,707 shares during the period. Wells Fargo & Company MN boosted its holdings in shares of iShares Russell Mid-Cap ETF by 2.7% in the fourth quarter. Wells Fargo & Company MN now owns 34,162,440 shares of the company’s stock valued at $3,019,960,000 after acquiring an additional 894,376 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of iShares Russell Mid-Cap ETF by 11.7% in the first quarter. Bank of New York Mellon Corp now owns 8,018,338 shares of the company’s stock valued at $682,120,000 after acquiring an additional 840,839 shares during the period. Lido Advisors LLC boosted its holdings in shares of iShares Russell Mid-Cap ETF by 561.9% in the fourth quarter. Lido Advisors LLC now owns 906,836 shares of the company’s stock valued at $80,164,000 after acquiring an additional 769,840 shares during the period. Finally, Truist Financial Corp boosted its holdings in shares of iShares Russell Mid-Cap ETF by 10.9% in the first quarter. Truist Financial Corp now owns 4,075,565 shares of the company’s stock valued at $346,708,000 after acquiring an additional 400,801 shares during the period. 80.16% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Price Performance

Shares of NYSEARCA IWR opened at $93.55 on Thursday. The stock has a fifty day moving average price of $89.66 and a 200 day moving average price of $88.00. iShares Russell Mid-Cap ETF has a 1-year low of $73.17 and a 1-year high of $96.01. The company has a market cap of $42.93 billion, a PE ratio of 21.00 and a beta of 1.09.

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.