Paller Financial Services Inc Grows Position in iShares Russell Mid-Cap ETF $IWR

Paller Financial Services Inc increased its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 337.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 23,015 shares of the company’s stock after purchasing an additional 17,753 shares during the quarter. iShares Russell Mid-Cap ETF makes up about 1.9% of Paller Financial Services Inc’s holdings, making the stock its 24th biggest position. Paller Financial Services Inc’s holdings in iShares Russell Mid-Cap ETF were worth $2,238,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. HFM Investment Advisors LLC purchased a new position in iShares Russell Mid-Cap ETF in the fourth quarter worth $28,000. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of iShares Russell Mid-Cap ETF during the 3rd quarter valued at $32,000. Reflection Asset Management bought a new stake in shares of iShares Russell Mid-Cap ETF during the 4th quarter worth $33,000. Commonwealth Retirement Investments LLC bought a new stake in shares of iShares Russell Mid-Cap ETF during the 4th quarter worth $41,000. Finally, TD Capital Management LLC purchased a new position in shares of iShares Russell Mid-Cap ETF in the 4th quarter worth about $42,000. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

IWR opened at $110.34 on Friday. The firm has a market cap of $56.98 billion, a P/E ratio of 21.00 and a beta of 1.00. The firm has a 50-day moving average of $106.71 and a 200 day moving average of $102.18. iShares Russell Mid-Cap ETF has a fifty-two week low of $91.36 and a fifty-two week high of $111.43.

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.