JMG Financial Group Ltd. Buys 22,281 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

JMG Financial Group Ltd. increased its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 953,023 shares of the company’s stock after acquiring an additional 22,281 shares during the quarter. iShares Russell Mid-Cap ETF makes up 3.1% of JMG Financial Group Ltd.’s holdings, making the stock its 9th largest holding. JMG Financial Group Ltd. owned about 0.24% of iShares Russell Mid-Cap ETF worth $74,078,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of IWR. PFG Advisors purchased a new position in iShares Russell Mid-Cap ETF in the third quarter valued at about $257,000. DAVENPORT & Co LLC grew its stake in iShares Russell Mid-Cap ETF by 24.9% in the third quarter. DAVENPORT & Co LLC now owns 13,729 shares of the company’s stock valued at $951,000 after purchasing an additional 2,740 shares in the last quarter. Founders Financial Securities LLC grew its stake in iShares Russell Mid-Cap ETF by 7.6% in the third quarter. Founders Financial Securities LLC now owns 29,143 shares of the company’s stock valued at $2,018,000 after purchasing an additional 2,050 shares in the last quarter. TPG Financial Advisors LLC grew its stake in iShares Russell Mid-Cap ETF by 40.1% in the third quarter. TPG Financial Advisors LLC now owns 6,546 shares of the company’s stock valued at $453,000 after purchasing an additional 1,874 shares in the last quarter. Finally, Mach 1 Financial Group LLC grew its stake in iShares Russell Mid-Cap ETF by 5.2% in the third quarter. Mach 1 Financial Group LLC now owns 4,413 shares of the company’s stock valued at $306,000 after purchasing an additional 219 shares in the last quarter.

iShares Russell Mid-Cap ETF Trading Up 1.2 %

NYSEARCA IWR traded up $0.99 on Tuesday, reaching $80.37. The stock had a trading volume of 1,608,287 shares, compared to its average volume of 1,455,650. The business has a 50 day moving average price of $81.29 and a 200 day moving average price of $76.17. iShares Russell Mid-Cap ETF has a 1 year low of $64.66 and a 1 year high of $84.33. The company has a market capitalization of $32.28 billion, a price-to-earnings ratio of 20.48 and a beta of 1.03.

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.