Strategic Financial Concepts LLC Buys 539,279 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Strategic Financial Concepts LLC raised its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 9,889.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 544,732 shares of the company’s stock after purchasing an additional 539,279 shares during the quarter. Strategic Financial Concepts LLC’s holdings in iShares Russell Mid-Cap ETF were worth $48,154,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Consolidated Portfolio Review Corp bought a new stake in iShares Russell Mid-Cap ETF during the fourth quarter valued at $219,000. Oakworth Capital Inc. grew its position in shares of iShares Russell Mid-Cap ETF by 1.9% during the 4th quarter. Oakworth Capital Inc. now owns 1,113,122 shares of the company’s stock worth $98,400,000 after buying an additional 20,237 shares during the period. Financial Advocates Investment Management lifted its position in shares of iShares Russell Mid-Cap ETF by 2.0% during the 4th quarter. Financial Advocates Investment Management now owns 6,045 shares of the company’s stock valued at $534,000 after acquiring an additional 121 shares during the period. Avid Wealth Partners LLC bought a new stake in iShares Russell Mid-Cap ETF in the fourth quarter valued at $1,226,000. Finally, Robertson Stephens Wealth Management LLC boosted its position in shares of iShares Russell Mid-Cap ETF by 28.5% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 142,329 shares of the company’s stock worth $12,582,000 after purchasing an additional 31,608 shares in the last quarter.

iShares Russell Mid-Cap ETF Stock Performance

Shares of iShares Russell Mid-Cap ETF stock opened at $92.59 on Friday. iShares Russell Mid-Cap ETF has a 52 week low of $77.04 and a 52 week high of $96.00. The stock has a 50 day moving average price of $91.31 and a two-hundred day moving average price of $88.68. The stock has a market capitalization of $38.25 billion, a PE ratio of 20.27 and a beta of 1.02.

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.