Focus Financial Network Inc. Sells 8,631 Shares of iShares Russell Mid-Cap ETF $IWR

Focus Financial Network Inc. decreased its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 3.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 225,369 shares of the company’s stock after selling 8,631 shares during the period. iShares Russell Mid-Cap ETF accounts for approximately 0.8% of Focus Financial Network Inc.’s holdings, making the stock its 24th biggest holding. Focus Financial Network Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $21,696,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Brighton Jones LLC lifted its stake in shares of iShares Russell Mid-Cap ETF by 4.2% during the fourth quarter. Brighton Jones LLC now owns 104,524 shares of the company’s stock valued at $9,240,000 after acquiring an additional 4,189 shares during the period. Revolve Wealth Partners LLC acquired a new stake in iShares Russell Mid-Cap ETF in the fourth quarter worth about $323,000. Global Retirement Partners LLC bought a new stake in iShares Russell Mid-Cap ETF during the 2nd quarter worth about $3,466,000. CreativeOne Wealth LLC raised its holdings in iShares Russell Mid-Cap ETF by 17.1% during the 2nd quarter. CreativeOne Wealth LLC now owns 12,635 shares of the company’s stock worth $1,162,000 after purchasing an additional 1,842 shares during the last quarter. Finally, Insigneo Advisory Services LLC lifted its position in iShares Russell Mid-Cap ETF by 13.1% during the 2nd quarter. Insigneo Advisory Services LLC now owns 11,364 shares of the company’s stock valued at $1,045,000 after purchasing an additional 1,316 shares during the period. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Up 0.5%

Shares of NYSEARCA IWR opened at $97.47 on Wednesday. The firm has a market capitalization of $46.62 billion, a PE ratio of 21.00 and a beta of 1.06. iShares Russell Mid-Cap ETF has a 1 year low of $73.17 and a 1 year high of $103.53. The firm’s 50-day moving average is $100.39 and its 200-day moving average is $97.86.

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. The Index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000 Index. The Index includes equity securities issued by issuers, which range in size between approximately $1.7 billion and $12 billion, though these amounts may change from time to time.