LJI Wealth Management LLC Increases Stock Holdings in iShares Russell Mid-Cap ETF $IWR

LJI Wealth Management LLC grew its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 13.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 181,266 shares of the company’s stock after buying an additional 21,187 shares during the period. iShares Russell Mid-Cap ETF accounts for about 2.7% of LJI Wealth Management LLC’s portfolio, making the stock its 8th largest position. LJI Wealth Management LLC’s holdings in iShares Russell Mid-Cap ETF were worth $17,450,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. First Horizon Corp acquired a new stake in shares of iShares Russell Mid-Cap ETF in the 3rd quarter worth $10,431,000. Ashton Thomas Securities LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF in the 3rd quarter worth $810,000. Allspring Global Investments Holdings LLC boosted its position in shares of iShares Russell Mid-Cap ETF by 156.2% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 15,134 shares of the company’s stock worth $1,461,000 after purchasing an additional 9,228 shares in the last quarter. Corepath Wealth Partners LLC boosted its position in shares of iShares Russell Mid-Cap ETF by 282.0% in the 3rd quarter. Corepath Wealth Partners LLC now owns 17,110 shares of the company’s stock worth $1,665,000 after purchasing an additional 12,631 shares in the last quarter. Finally, Citizens Financial Group Inc. RI boosted its position in shares of iShares Russell Mid-Cap ETF by 10.3% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 78,479 shares of the company’s stock worth $7,577,000 after purchasing an additional 7,318 shares in the last quarter. 80.16% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap ETF Price Performance

iShares Russell Mid-Cap ETF stock opened at $105.20 on Friday. The stock has a market capitalization of $52.92 billion, a price-to-earnings ratio of 21.00 and a beta of 1.01. iShares Russell Mid-Cap ETF has a 1-year low of $86.40 and a 1-year high of $106.43. The business has a fifty day moving average price of $100.62 and a 200-day moving average price of $98.93.

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.