Key Financial Inc Lowers Position in iShares Russell Mid-Cap ETF $IWR

Key Financial Inc decreased its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 58.9% during the 2nd quarter, Holdings Channel reports. The fund owned 472 shares of the company’s stock after selling 677 shares during the quarter. Key Financial Inc’s holdings in iShares Russell Mid-Cap ETF were worth $43,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Marion Wealth Management purchased a new stake in shares of iShares Russell Mid-Cap ETF in the second quarter valued at about $201,000. Bank of New York Mellon Corp boosted its holdings in shares of iShares Russell Mid-Cap ETF by 23.5% in the second quarter. Bank of New York Mellon Corp now owns 9,899,322 shares of the company’s stock valued at $910,441,000 after acquiring an additional 1,880,984 shares in the last quarter. Freestone Capital Holdings LLC boosted its holdings in shares of iShares Russell Mid-Cap ETF by 11.7% in the second quarter. Freestone Capital Holdings LLC now owns 5,712 shares of the company’s stock valued at $525,000 after acquiring an additional 598 shares in the last quarter. Bank of Montreal Can boosted its holdings in shares of iShares Russell Mid-Cap ETF by 1.9% in the second quarter. Bank of Montreal Can now owns 1,353,515 shares of the company’s stock valued at $124,483,000 after acquiring an additional 24,718 shares in the last quarter. Finally, Benchmark Financial Wealth Advisors LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF in the second quarter valued at about $210,000. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Down 1.1%

Shares of NYSEARCA:IWR opened at $94.56 on Wednesday. The company has a market cap of $44.34 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06. The firm’s 50-day simple moving average is $96.20 and its 200-day simple moving average is $92.61. iShares Russell Mid-Cap ETF has a fifty-two week low of $73.17 and a fifty-two week high of $97.87.

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.