Farther Finance Advisors LLC Increases Position in iShares Russell Mid-Cap ETF $IWR

Farther Finance Advisors LLC lifted its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 43.8% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 28,979 shares of the company’s stock after buying an additional 8,821 shares during the period. Farther Finance Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $2,790,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of IWR. KERR FINANCIAL PLANNING Corp purchased a new position in iShares Russell Mid-Cap ETF in the third quarter valued at approximately $32,000. Smartleaf Asset Management LLC grew its position in shares of iShares Russell Mid-Cap ETF by 192.0% in the third quarter. Smartleaf Asset Management LLC now owns 400 shares of the company’s stock valued at $39,000 after purchasing an additional 263 shares in the last quarter. Dorato Capital Management purchased a new position in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at $43,000. Cary Street Partners Investment Advisory LLC bought a new position in shares of iShares Russell Mid-Cap ETF in the third quarter worth $47,000. Finally, Cornerstone Planning Group LLC bought a new position in shares of iShares Russell Mid-Cap ETF in the third quarter worth $55,000. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

iShares Russell Mid-Cap ETF stock opened at $104.18 on Friday. The stock has a market cap of $52.06 billion, a P/E ratio of 21.00 and a beta of 1.03. iShares Russell Mid-Cap ETF has a fifty-two week low of $77.72 and a fifty-two week high of $104.62. The firm’s fifty day moving average price is $100.09 and its 200-day moving average price is $98.24.

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.