Finley Financial LLC Has $3.13 Million Stake in iShares Russell Mid-Cap ETF $IWR

Finley Financial LLC trimmed its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 1.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 33,985 shares of the company’s stock after selling 500 shares during the period. iShares Russell Mid-Cap ETF comprises about 1.6% of Finley Financial LLC’s portfolio, making the stock its 15th largest position. Finley Financial LLC’s holdings in iShares Russell Mid-Cap ETF were worth $3,126,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Riggs Asset Managment Co. Inc. bought a new position in iShares Russell Mid-Cap ETF in the first quarter valued at $28,000. N.E.W. Advisory Services LLC acquired a new stake in iShares Russell Mid-Cap ETF in the 1st quarter worth about $30,000. Rossby Financial LCC acquired a new stake in iShares Russell Mid-Cap ETF in the 1st quarter worth about $31,000. Physician Wealth Advisors Inc. acquired a new stake in iShares Russell Mid-Cap ETF in the 1st quarter worth about $36,000. Finally, Financial Gravity Asset Management Inc. acquired a new position in shares of iShares Russell Mid-Cap ETF in the 1st quarter valued at approximately $44,000. 80.16% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Trading Down 0.6%

Shares of NYSEARCA:IWR opened at $95.99 on Wednesday. The firm has a 50 day moving average of $94.69 and a 200-day moving average of $89.34. The stock has a market capitalization of $44.16 billion, a PE ratio of 21.00 and a beta of 1.09. iShares Russell Mid-Cap ETF has a 12 month low of $73.17 and a 12 month high of $97.59.

iShares Russell Mid-Cap ETF Company 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.