Sowell Financial Services LLC Purchases 2,371 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Sowell Financial Services LLC increased its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 8.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,223 shares of the company’s stock after purchasing an additional 2,371 shares during the period. Sowell Financial Services LLC’s holdings in iShares Russell Mid-Cap ETF were worth $2,672,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of IWR. Jones Financial Companies Lllp lifted its holdings in shares of iShares Russell Mid-Cap ETF by 44.7% in the 4th quarter. Jones Financial Companies Lllp now owns 62,207,278 shares of the company’s stock worth $5,499,123,000 after purchasing an additional 19,216,938 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of iShares Russell Mid-Cap ETF in the 4th quarter worth $237,761,000. Strategic Financial Concepts LLC lifted its holdings in shares of iShares Russell Mid-Cap ETF by 9,889.6% in the 4th quarter. Strategic Financial Concepts LLC now owns 544,732 shares of the company’s stock worth $48,154,000 after purchasing an additional 539,279 shares in the last quarter. Proficio Capital Partners LLC purchased a new stake in iShares Russell Mid-Cap ETF in the 3rd quarter valued at $32,886,000. Finally, Atlas Legacy Advisors LLC purchased a new stake in iShares Russell Mid-Cap ETF in the 4th quarter valued at $24,598,000.

iShares Russell Mid-Cap ETF Trading Up 0.7 %

NYSEARCA IWR opened at $86.76 on Monday. The firm has a market capitalization of $38.02 billion, a P/E ratio of 20.66 and a beta of 1.13. The business has a fifty day simple moving average of $90.46 and a 200 day simple moving average of $89.82. iShares Russell Mid-Cap ETF has a 12 month low of $78.36 and a 12 month high of $96.00.

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.