Integrated Wealth Concepts LLC Raises Stock Position in iShares Russell Mid-Cap ETF $IWR

Integrated Wealth Concepts LLC increased its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 25.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,956 shares of the company’s stock after acquiring an additional 11,107 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in iShares Russell Mid-Cap ETF were worth $5,952,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IWR. NFSG Corp grew its holdings in shares of iShares Russell Mid-Cap ETF by 93.1% during the first quarter. NFSG Corp now owns 280 shares of the company’s stock worth $27,000 after purchasing an additional 135 shares during the last quarter. HFM Investment Advisors LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF during the fourth quarter worth about $28,000. Frazier Financial Advisors LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF in the 1st quarter valued at about $31,000. Reflection Asset Management purchased a new stake in shares of iShares Russell Mid-Cap ETF in the 4th quarter valued at about $33,000. Finally, Scarborough Advisors LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF in the 1st quarter valued at about $38,000. 80.16% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Stock Up 0.8%

IWR opened at $109.86 on Friday. The firm has a market cap of $55.72 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a 52 week low of $91.64 and a 52 week high of $114.97. The business’s 50 day moving average is $111.30 and its two-hundred day moving average is $106.28.

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. 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.