Paller Financial Services Inc Purchases 17,753 Shares of iShares Russell Mid-Cap ETF $IWR

Paller Financial Services Inc grew its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 337.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,015 shares of the company’s stock after buying an additional 17,753 shares during the period. iShares Russell Mid-Cap ETF accounts for 1.9% of Paller Financial Services Inc’s investment portfolio, making the stock its 24th largest 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.

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

iShares Russell Mid-Cap ETF Price Performance

IWR opened at $110.34 on Friday. The firm has a 50-day moving average price of $106.71 and a 200-day moving average price of $102.18. iShares Russell Mid-Cap ETF has a twelve month low of $91.36 and a twelve month high of $111.43. The company has a market capitalization of $56.98 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00.

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.