Pathway Financial Advisors LLC Has $3.07 Million Stake in iShares Russell Mid-Cap ETF $IWR

Pathway Financial Advisors LLC raised its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 12.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,355 shares of the company’s stock after buying an additional 3,686 shares during the period. Pathway Financial Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $3,068,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Riggs Asset Managment Co. Inc. acquired a new stake in shares of iShares Russell Mid-Cap ETF in the first quarter worth $28,000. N.E.W. Advisory Services LLC bought a new stake in iShares Russell Mid-Cap ETF during the 1st quarter valued at approximately $30,000. Rossby Financial LCC acquired a new stake in iShares Russell Mid-Cap ETF in the 1st quarter valued at approximately $31,000. Atticus Wealth Management LLC grew its holdings in iShares Russell Mid-Cap ETF by 123.1% in the 2nd quarter. Atticus Wealth Management LLC now owns 415 shares of the company’s stock valued at $38,000 after buying an additional 229 shares during the last quarter. Finally, Crews Bank & Trust increased its position in iShares Russell Mid-Cap ETF by 54.5% in the 2nd quarter. Crews Bank & Trust now owns 425 shares of the company’s stock worth $39,000 after buying an additional 150 shares during the period. 80.16% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Trading Down 2.6%

IWR opened at $94.02 on Monday. iShares Russell Mid-Cap ETF has a 1-year low of $73.17 and a 1-year high of $97.80. The business has a 50 day moving average of $95.58 and a 200-day moving average of $90.68. The stock has a market capitalization of $43.86 billion, a price-to-earnings 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.