JFS Wealth Advisors LLC Increases Stake in iShares Russell Mid-Cap ETF $IWR

JFS Wealth Advisors LLC boosted its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 28.2% in the 2nd quarter, Holdings Channel reports. The fund owned 26,525 shares of the company’s stock after buying an additional 5,834 shares during the period. JFS Wealth Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $2,439,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Jones Financial Companies Lllp raised its position in iShares Russell Mid-Cap ETF by 6.9% during the first quarter. Jones Financial Companies Lllp now owns 66,497,354 shares of the company’s stock valued at $5,628,396,000 after acquiring an additional 4,290,076 shares in the last quarter. US Bancorp DE grew its holdings in iShares Russell Mid-Cap ETF by 2.2% in the first quarter. US Bancorp DE now owns 19,325,451 shares of the company’s stock valued at $1,644,034,000 after purchasing an additional 418,491 shares during the period. Northern Trust Corp grew its holdings in iShares Russell Mid-Cap ETF by 0.8% in the first quarter. Northern Trust Corp now owns 9,371,071 shares of the company’s stock valued at $797,197,000 after purchasing an additional 75,638 shares during the period. Baird Financial Group Inc. grew its holdings in iShares Russell Mid-Cap ETF by 1.8% in the first quarter. Baird Financial Group Inc. now owns 8,218,663 shares of the company’s stock valued at $699,162,000 after purchasing an additional 142,576 shares during the period. Finally, Bank of New York Mellon Corp grew its holdings in 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 purchasing an additional 840,839 shares during the period. 80.16% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Trading Down 2.6%

Shares of IWR opened at $94.02 on Friday. iShares Russell Mid-Cap ETF has a 12 month low of $73.17 and a 12 month high of $97.80. The stock’s 50 day moving average is $95.58 and its two-hundred day moving average is $90.62. The firm has a market cap of $43.86 billion, a P/E ratio of 21.00 and a beta of 1.09.

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.