Pacific Park Financial Inc. Acquires New Stake in iShares Russell Mid-Cap ETF $IWR

Pacific Park Financial Inc. acquired a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,262 shares of the company’s stock, valued at approximately $988,000. iShares Russell Mid-Cap ETF comprises 0.6% of Pacific Park Financial Inc.’s portfolio, making the stock its 29th biggest holding.

Other hedge funds also recently bought and sold shares of the company. KERR FINANCIAL PLANNING Corp purchased a new stake in iShares Russell Mid-Cap ETF during the third quarter valued at $32,000. Smartleaf Asset Management LLC increased its position in iShares Russell Mid-Cap ETF by 192.0% during the third quarter. Smartleaf Asset Management LLC now owns 400 shares of the company’s stock valued at $39,000 after acquiring an additional 263 shares during the last quarter. Dorato Capital Management purchased a new stake in iShares Russell Mid-Cap ETF during the fourth quarter valued at $43,000. Cary Street Partners Investment Advisory LLC purchased a new stake in iShares Russell Mid-Cap ETF during the third quarter valued at $47,000. Finally, Cornerstone Planning Group LLC purchased a new stake in iShares Russell Mid-Cap ETF during the third quarter valued at $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 $102.47 on Thursday. The stock has a fifty day moving average of $100.38 and a 200 day moving average of $98.64. The stock has a market cap of $51.45 billion, a PE ratio of 21.00 and a beta of 1.03. iShares Russell Mid-Cap ETF has a one year low of $82.16 and a one year high of $105.41.

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.