Jones Financial Companies Lllp Buys 19,216,938 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Jones Financial Companies Lllp lifted its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 44.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 62,207,278 shares of the company’s stock after acquiring an additional 19,216,938 shares during the quarter. iShares Russell Mid-Cap ETF accounts for approximately 5.2% of Jones Financial Companies Lllp’s investment portfolio, making the stock its 6th biggest holding. Jones Financial Companies Lllp owned approximately 15.06% of iShares Russell Mid-Cap ETF worth $5,499,123,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. First Trust Direct Indexing L.P. purchased a new stake in shares of iShares Russell Mid-Cap ETF in the third quarter valued at about $217,000. Pinnacle Associates Ltd. raised its position in iShares Russell Mid-Cap ETF by 2.9% in the 3rd quarter. Pinnacle Associates Ltd. now owns 21,131 shares of the company’s stock valued at $1,862,000 after purchasing an additional 589 shares in the last quarter. Financial Advocates Investment Management grew its holdings in iShares Russell Mid-Cap ETF by 5.3% during the 3rd quarter. Financial Advocates Investment Management now owns 5,924 shares of the company’s stock worth $522,000 after acquiring an additional 298 shares in the last quarter. Strategic Financial Partners Ltd. increased its holdings in iShares Russell Mid-Cap ETF by 8.9% in the third quarter. Strategic Financial Partners Ltd. now owns 164,344 shares of the company’s stock valued at $14,485,000 after buying an additional 13,444 shares during the last quarter. Finally, Creative Capital Management Investments LLC lifted its stake in iShares Russell Mid-Cap ETF by 97.3% during the third quarter. Creative Capital Management Investments LLC now owns 2,368 shares of the company’s stock worth $209,000 after purchasing an additional 1,168 shares during the last quarter.

iShares Russell Mid-Cap ETF Stock Up 1.2 %

Shares of NYSEARCA IWR opened at $89.46 on Friday. The stock has a market cap of $38.94 billion, a PE ratio of 21.79 and a beta of 1.12. iShares Russell Mid-Cap ETF has a 52-week low of $78.36 and a 52-week high of $96.00. The business has a 50-day moving average price of $90.72 and a 200 day moving average price of $89.68.

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.