JMG Financial Group Ltd. Has $83.58 Million Stock Holdings in iShares Russell Mid-Cap ETF $IWR

JMG Financial Group Ltd. decreased its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.4% during the 4th quarter, Holdings Channel reports. The firm owned 868,158 shares of the company’s stock after selling 20,960 shares during the period. iShares Russell Mid-Cap ETF comprises about 2.3% of JMG Financial Group Ltd.’s investment portfolio, making the stock its 12th biggest position. JMG Financial Group Ltd.’s holdings in iShares Russell Mid-Cap ETF were worth $83,578,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. ADE LLC increased its position in shares of iShares Russell Mid-Cap ETF by 13.3% during the 4th quarter. ADE LLC now owns 4,033 shares of the company’s stock worth $388,000 after purchasing an additional 473 shares during the last quarter. Hazlett Burt & Watson Inc. increased its position in shares of iShares Russell Mid-Cap ETF by 12.3% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 1,820 shares of the company’s stock worth $175,000 after purchasing an additional 200 shares during the last quarter. Essex Financial Services Inc. increased its position in shares of iShares Russell Mid-Cap ETF by 0.6% during the 4th quarter. Essex Financial Services Inc. now owns 61,737 shares of the company’s stock worth $5,943,000 after purchasing an additional 398 shares during the last quarter. Bearing Point Capital LLC increased its position in shares of iShares Russell Mid-Cap ETF by 11.6% during the 4th quarter. Bearing Point Capital LLC now owns 6,602 shares of the company’s stock worth $636,000 after purchasing an additional 686 shares during the last quarter. Finally, DT Investment Partners LLC increased its position in shares of iShares Russell Mid-Cap ETF by 1.8% during the 4th quarter. DT Investment Partners LLC now owns 246,684 shares of the company’s stock worth $23,748,000 after purchasing an additional 4,258 shares during the last quarter. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

NYSEARCA:IWR opened at $107.37 on Monday. The firm has a market capitalization of $54.01 billion, a price-to-earnings ratio of 21.00 and a beta of 1.01. iShares Russell Mid-Cap ETF has a twelve month low of $87.68 and a twelve month high of $107.57. The stock’s 50 day moving average price is $102.27 and its two-hundred day moving average price is $99.98.

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.