Kirkwood Financial Services purchased a new stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) in the second quarter, HoldingsChannel reports. The institutional investor purchased 4,636 shares of the company’s stock, valued at approximately $511,000. iShares Russell Mid-Cap ETF comprises about 0.1% of Kirkwood Financial Services’ investment portfolio, making the stock its 24th biggest holding.
A number of other hedge funds and other institutional investors also recently modified their holdings of the company. NFSG Corp increased its stake in shares of iShares Russell Mid-Cap ETF by 93.1% during the 1st 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 iShares Russell Mid-Cap ETF in the 4th quarter valued at about $28,000. Frazier Financial Advisors LLC bought a new position in iShares Russell Mid-Cap ETF during the first quarter worth about $31,000. Reflection Asset Management bought a new position in iShares Russell Mid-Cap ETF during the fourth quarter worth about $33,000. Finally, Scarborough Advisors LLC bought a new position in iShares Russell Mid-Cap ETF during the first quarter worth about $38,000. Institutional investors own 80.16% of the company’s stock.
iShares Russell Mid-Cap ETF Price Performance
Shares of NYSEARCA IWR opened at $111.83 on Monday. The business’s 50 day moving average price is $111.30 and its two-hundred day moving average price is $106.02. The company has a market cap of $56.72 billion, a PE ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a twelve month low of $91.64 and a twelve month high of $114.97.
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.
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