Fairway Wealth LLC Buys 1,789 Shares of iShares Russell Mid-Cap ETF $IWR

Fairway Wealth LLC lifted its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 10.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,786 shares of the company’s stock after purchasing an additional 1,789 shares during the period. Fairway Wealth LLC’s holdings in iShares Russell Mid-Cap ETF were worth $1,728,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. Jones Financial Companies Lllp boosted its position in iShares Russell Mid-Cap ETF by 6.9% during the 1st quarter. Jones Financial Companies Lllp now owns 66,497,354 shares of the company’s stock valued at $5,628,396,000 after acquiring an additional 4,290,076 shares in the last quarter. Natixis Advisors LLC lifted its stake in shares of iShares Russell Mid-Cap ETF by 122.0% in the 1st quarter. Natixis Advisors LLC now owns 1,872,952 shares of the company’s stock valued at $159,332,000 after purchasing an additional 1,029,115 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of iShares Russell Mid-Cap ETF by 11.7% in the 1st quarter. Bank of New York Mellon Corp now owns 8,018,338 shares of the company’s stock valued at $682,120,000 after purchasing an additional 840,839 shares during the period. Mesirow Financial Investment Management Inc. boosted its position in shares of iShares Russell Mid-Cap ETF by 103.7% during the first quarter. Mesirow Financial Investment Management Inc. now owns 1,119,648 shares of the company’s stock valued at $95,248,000 after purchasing an additional 569,914 shares in the last quarter. Finally, US Bancorp DE grew its stake in iShares Russell Mid-Cap ETF by 2.2% in the first quarter. US Bancorp DE now owns 19,325,451 shares of the company’s stock worth $1,644,034,000 after purchasing an additional 418,491 shares during the period. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Up 0.2%

IWR opened at $95.30 on Monday. The company has a market cap of $44.53 billion, a price-to-earnings ratio of 21.00 and a beta of 1.09. The stock has a fifty day simple moving average of $95.81 and a two-hundred day simple moving average of $91.07. iShares Russell Mid-Cap ETF has a 12-month low of $73.17 and a 12-month high of $97.80.

iShares Russell Mid-Cap ETF 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.