Kirkwood Financial Services Acquires New Stake in iShares Russell Mid-Cap ETF $IWR

Kirkwood Financial Services bought a new position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 4,636 shares of the company’s stock, valued at approximately $511,000. iShares Russell Mid-Cap ETF accounts for 0.1% of Kirkwood Financial Services’ investment portfolio, making the stock its 24th largest holding.

Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in iShares Russell Mid-Cap ETF by 4.2% in the 4th quarter. Brighton Jones LLC now owns 104,524 shares of the company’s stock valued at $9,240,000 after buying an additional 4,189 shares during the last quarter. Revolve Wealth Partners LLC acquired a new position in shares of iShares Russell Mid-Cap ETF during the 4th quarter worth about $323,000. Quantbot Technologies LP bought a new position in shares of iShares Russell Mid-Cap ETF in the 2nd quarter valued at about $64,000. Qube Research & Technologies Ltd grew its holdings in shares of iShares Russell Mid-Cap ETF by 581.4% in the 2nd quarter. Qube Research & Technologies Ltd now owns 9,253 shares of the company’s stock valued at $851,000 after acquiring an additional 7,895 shares in the last quarter. Finally, Ieq Capital LLC increased its position in shares of iShares Russell Mid-Cap ETF by 2.6% in the second quarter. Ieq Capital LLC now owns 86,647 shares of the company’s stock valued at $7,969,000 after acquiring an additional 2,199 shares during the last quarter. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

IWR opened at $111.83 on Monday. The business’s 50-day simple moving average is $111.30 and its 200 day simple moving average is $106.02. iShares Russell Mid-Cap ETF has a 52-week low of $91.64 and a 52-week high of $114.97. The firm has a market capitalization of $56.72 billion, a PE ratio of 21.00 and a beta of 1.00.

iShares Russell Mid-Cap ETF 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. 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.