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

Paller Financial Services Inc lifted its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 20.0% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 27,615 shares of the company’s stock after purchasing an additional 4,600 shares during the quarter. iShares Russell Mid-Cap ETF comprises 2.3% of Paller Financial Services Inc’s investment portfolio, making the stock its 22nd biggest holding. Paller Financial Services Inc’s holdings in iShares Russell Mid-Cap ETF were worth $3,046,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its position in shares of iShares Russell Mid-Cap ETF by 4.2% in the 4th quarter. Brighton Jones LLC now owns 104,524 shares of the company’s stock worth $9,240,000 after buying an additional 4,189 shares during the period. Revolve Wealth Partners LLC bought a new stake in iShares Russell Mid-Cap ETF during the fourth quarter worth about $323,000. Quantbot Technologies LP purchased a new stake in iShares Russell Mid-Cap ETF in the second quarter worth about $64,000. Qube Research & Technologies Ltd increased its stake in shares of iShares Russell Mid-Cap ETF by 581.4% during the second quarter. Qube Research & Technologies Ltd now owns 9,253 shares of the company’s stock valued at $851,000 after purchasing an additional 7,895 shares in the last quarter. Finally, Ieq Capital LLC lifted its holdings in shares of iShares Russell Mid-Cap ETF by 2.6% during the second quarter. Ieq Capital LLC now owns 86,647 shares of the company’s stock valued at $7,969,000 after purchasing an additional 2,199 shares during the last quarter. 80.16% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Stock Down 0.5%

Shares of IWR opened at $112.31 on Thursday. The business’s 50 day moving average price is $109.14 and its 200-day moving average price is $104.13. iShares Russell Mid-Cap ETF has a 52 week low of $91.64 and a 52 week high of $113.39. The stock has a market cap of $56.96 billion, a P/E 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.