Fairway Wealth LLC Purchases 2,871 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Fairway Wealth LLC lifted its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 20.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,834 shares of the company’s stock after acquiring an additional 2,871 shares during the period. iShares Russell Mid-Cap ETF makes up about 0.8% of Fairway Wealth LLC’s investment portfolio, making the stock its 24th largest holding. Fairway Wealth LLC’s holdings in iShares Russell Mid-Cap ETF were worth $1,365,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. US Bancorp DE grew its holdings in iShares Russell Mid-Cap ETF by 1.8% during the fourth quarter. US Bancorp DE now owns 21,262,137 shares of the company’s stock worth $1,652,718,000 after purchasing an additional 378,904 shares during the period. Jones Financial Companies Lllp boosted its position in shares of iShares Russell Mid-Cap ETF by 3.5% during the 4th quarter. Jones Financial Companies Lllp now owns 20,399,582 shares of the company’s stock worth $1,585,660,000 after acquiring an additional 695,205 shares in the last quarter. Northern Trust Corp raised its holdings in shares of iShares Russell Mid-Cap ETF by 2.4% during the 4th quarter. Northern Trust Corp now owns 9,093,647 shares of the company’s stock worth $706,849,000 after buying an additional 212,522 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of iShares Russell Mid-Cap ETF by 3.2% during the 1st quarter. Bank of New York Mellon Corp now owns 7,954,498 shares of the company’s stock valued at $668,894,000 after purchasing an additional 246,062 shares during the last quarter. Finally, Baird Financial Group Inc. lifted its stake in shares of iShares Russell Mid-Cap ETF by 28.3% in the 4th quarter. Baird Financial Group Inc. now owns 7,802,114 shares of the company’s stock valued at $606,458,000 after acquiring an additional 1,722,388 shares during the last quarter.

iShares Russell Mid-Cap ETF Trading Up 0.7 %

Shares of IWR opened at $86.68 on Tuesday. The company has a market capitalization of $35.81 billion, a PE ratio of 20.27 and a beta of 1.02. The stock’s 50-day moving average price is $83.98 and its two-hundred day moving average price is $82.42. iShares Russell Mid-Cap ETF has a 12 month low of $64.66 and a 12 month high of $86.91.

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.