iShares Russell Mid-Cap ETF $IWR Shares Sold by JMG Financial Group Ltd.

JMG Financial Group Ltd. cut its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 889,118 shares of the company’s stock after selling 19,136 shares during the quarter. iShares Russell Mid-Cap ETF comprises about 2.4% of JMG Financial Group Ltd.’s investment portfolio, making the stock its 12th biggest holding. JMG Financial Group Ltd.’s holdings in iShares Russell Mid-Cap ETF were worth $85,844,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Welch & Forbes LLC grew its stake in shares of iShares Russell Mid-Cap ETF by 0.5% in the 3rd quarter. Welch & Forbes LLC now owns 22,832 shares of the company’s stock worth $2,204,000 after purchasing an additional 105 shares during the last quarter. Hollencrest Capital Management boosted its holdings in iShares Russell Mid-Cap ETF by 1.7% during the third quarter. Hollencrest Capital Management now owns 6,226 shares of the company’s stock worth $601,000 after buying an additional 106 shares in the last quarter. Meridian Wealth Management LLC grew its position in iShares Russell Mid-Cap ETF by 0.5% in the second quarter. Meridian Wealth Management LLC now owns 20,962 shares of the company’s stock worth $1,928,000 after buying an additional 112 shares during the last quarter. Cornerstone Wealth Management LLC increased its holdings in shares of iShares Russell Mid-Cap ETF by 0.5% in the third quarter. Cornerstone Wealth Management LLC now owns 21,223 shares of the company’s stock valued at $2,049,000 after buying an additional 114 shares in the last quarter. Finally, Objectivity Squared LLC increased its holdings in shares of iShares Russell Mid-Cap ETF by 3.7% in the third quarter. Objectivity Squared LLC now owns 3,304 shares of the company’s stock valued at $319,000 after buying an additional 117 shares in the last quarter. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Down 1.4%

IWR opened at $101.75 on Wednesday. The firm has a market cap of $48.66 billion, a PE ratio of 21.00 and a beta of 1.06. The business has a fifty day simple moving average of $100.36 and a 200-day simple moving average of $97.54. iShares Russell Mid-Cap ETF has a fifty-two week low of $73.17 and a fifty-two week high of $103.53.

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.