Dickmeyer Boyce Financial Management Inc. Acquires New Stake in iShares Russell Mid-Cap ETF $IWR

Dickmeyer Boyce Financial Management Inc. bought a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 67,057 shares of the company’s stock, valued at approximately $6,520,000. iShares Russell Mid-Cap ETF comprises approximately 3.8% of Dickmeyer Boyce Financial Management Inc.’s investment portfolio, making the stock its 4th largest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. NFSG Corp increased its position in iShares Russell Mid-Cap ETF by 93.1% during the 1st quarter. NFSG Corp now owns 280 shares of the company’s stock valued at $27,000 after purchasing an additional 135 shares during the period. HFM Investment Advisors LLC acquired a new position in shares of iShares Russell Mid-Cap ETF in the 4th quarter worth approximately $28,000. Frazier Financial Advisors LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the 1st quarter valued at $31,000. Reflection Asset Management bought a new stake in shares of iShares Russell Mid-Cap ETF in the 4th quarter valued at $33,000. Finally, Scarborough Advisors LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF during the first quarter worth $38,000. 80.16% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Stock Down 0.3%

Shares of NYSEARCA IWR opened at $108.85 on Friday. The firm has a fifty day simple moving average of $108.14 and a 200 day simple moving average of $103.44. 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 $55.51 billion, a PE ratio of 21.00 and a beta of 1.00.

iShares Russell Mid-Cap ETF Company 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.