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

JMG Financial Group Ltd. lessened its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 868,158 shares of the company’s stock after selling 20,960 shares during the quarter. iShares Russell Mid-Cap ETF makes up about 2.3% of JMG Financial Group Ltd.’s portfolio, making the stock its 12th biggest position. JMG Financial Group Ltd. owned about 0.18% of iShares Russell Mid-Cap ETF worth $83,578,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of IWR. HFM Investment Advisors LLC acquired a new stake in iShares Russell Mid-Cap ETF in the 4th quarter valued at approximately $28,000. KERR FINANCIAL PLANNING Corp acquired a new stake in iShares Russell Mid-Cap ETF in the 3rd quarter valued at approximately $32,000. Smartleaf Asset Management LLC raised its position in iShares Russell Mid-Cap ETF by 192.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 400 shares of the company’s stock valued at $39,000 after buying an additional 263 shares during the last quarter. Dorato Capital Management acquired a new stake in iShares Russell Mid-Cap ETF in the 4th quarter valued at approximately $43,000. Finally, Basepoint Wealth LLC acquired a new stake in iShares Russell Mid-Cap ETF in the 4th quarter valued at approximately $43,000. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

Shares of iShares Russell Mid-Cap ETF stock opened at $107.37 on Monday. The business’s 50 day simple moving average is $102.27 and its 200 day simple moving average is $99.98. iShares Russell Mid-Cap ETF has a 52-week low of $87.68 and a 52-week high of $107.57. The firm has a market cap of $54.01 billion, a PE ratio of 21.00 and a beta of 1.01.

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.