GM Advisory Group LLC Acquires 584 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

GM Advisory Group LLC boosted its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 4.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 13,702 shares of the company’s stock after purchasing an additional 584 shares during the quarter. GM Advisory Group LLC’s holdings in iShares Russell Mid-Cap ETF were worth $1,211,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Jones Financial Companies Lllp boosted its stake in iShares Russell Mid-Cap ETF by 44.7% during the 4th quarter. Jones Financial Companies Lllp now owns 62,207,278 shares of the company’s stock valued at $5,499,123,000 after purchasing an additional 19,216,938 shares during the period. JPMorgan Chase & Co. lifted its position in shares of iShares Russell Mid-Cap ETF by 2.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,059,914 shares of the company’s stock worth $622,261,000 after acquiring an additional 198,719 shares during the period. Envestnet Portfolio Solutions Inc. lifted its position in shares of iShares Russell Mid-Cap ETF by 1.0% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 4,071,476 shares of the company’s stock worth $359,919,000 after acquiring an additional 39,899 shares during the period. Truist Financial Corp lifted its position in shares of iShares Russell Mid-Cap ETF by 1.7% in the 4th quarter. Truist Financial Corp now owns 3,674,764 shares of the company’s stock worth $324,849,000 after acquiring an additional 62,030 shares during the period. Finally, FMR LLC lifted its position in shares of iShares Russell Mid-Cap ETF by 2.2% in the 3rd quarter. FMR LLC now owns 2,872,877 shares of the company’s stock worth $253,215,000 after acquiring an additional 63,048 shares during the period.

iShares Russell Mid-Cap ETF Trading Down 1.2 %

Shares of IWR stock opened at $85.11 on Wednesday. The stock has a 50 day moving average of $89.87 and a two-hundred day moving average of $89.75. iShares Russell Mid-Cap ETF has a 12 month low of $78.36 and a 12 month high of $96.01. The company has a market capitalization of $37.30 billion, a P/E ratio of 20.66 and a beta of 1.13.

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.