Pacific Park Financial Inc. Makes New $988,000 Investment in iShares Russell Mid-Cap ETF $IWR

Pacific Park Financial Inc. purchased a new position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,262 shares of the company’s stock, valued at approximately $988,000. iShares Russell Mid-Cap ETF makes up 0.6% of Pacific Park Financial Inc.’s holdings, making the stock its 29th biggest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of IWR. KERR FINANCIAL PLANNING Corp purchased a new stake in iShares Russell Mid-Cap ETF in the third quarter worth about $32,000. Smartleaf Asset Management LLC increased its position in iShares Russell Mid-Cap ETF by 192.0% in the third quarter. Smartleaf Asset Management LLC now owns 400 shares of the company’s stock worth $39,000 after buying an additional 263 shares in the last quarter. Dorato Capital Management purchased a new stake in iShares Russell Mid-Cap ETF in the fourth quarter worth about $43,000. Cary Street Partners Investment Advisory LLC purchased a new stake in iShares Russell Mid-Cap ETF in the third quarter worth about $47,000. Finally, Cornerstone Planning Group LLC purchased a new stake in iShares Russell Mid-Cap ETF in the third quarter worth about $55,000. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Down 0.4%

NYSEARCA IWR opened at $102.47 on Thursday. The firm has a market cap of $51.45 billion, a price-to-earnings ratio of 21.00 and a beta of 1.03. The business has a 50-day moving average price of $100.38 and a 200-day moving average price of $98.64. iShares Russell Mid-Cap ETF has a twelve month low of $82.16 and a twelve month high of $105.41.

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.