Forefront Wealth Partners LLC Makes New Investment in iShares Russell Mid-Cap ETF $IWR

Forefront Wealth Partners LLC bought a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 7,737 shares of the company’s stock, valued at approximately $747,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Jones Financial Companies Lllp boosted its holdings in iShares Russell Mid-Cap ETF by 6.9% in the first 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. Bank of New York Mellon Corp lifted its position in shares of iShares Russell Mid-Cap ETF by 23.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 9,899,322 shares of the company’s stock worth $910,441,000 after purchasing an additional 1,880,984 shares during the period. BNP Paribas Financial Markets lifted its position in shares of iShares Russell Mid-Cap ETF by 186.3% in the 2nd quarter. BNP Paribas Financial Markets now owns 764,638 shares of the company’s stock worth $70,324,000 after purchasing an additional 497,601 shares during the period. Creative Planning boosted its stake in shares of iShares Russell Mid-Cap ETF by 35.9% during the 2nd quarter. Creative Planning now owns 930,420 shares of the company’s stock valued at $85,571,000 after purchasing an additional 245,879 shares in the last quarter. Finally, Laurel Wealth Advisors LLC increased its position in shares of iShares Russell Mid-Cap ETF by 9,097.0% during the second quarter. Laurel Wealth Advisors LLC now owns 192,586 shares of the company’s stock valued at $17,712,000 after buying an additional 190,492 shares during the period. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

IWR stock opened at $97.26 on Wednesday. iShares Russell Mid-Cap ETF has a 1 year low of $73.17 and a 1 year high of $99.12. The firm has a 50-day moving average of $96.16 and a 200 day moving average of $95.09. The company has a market cap of $45.62 billion, a P/E ratio of 21.00 and a beta of 1.06.

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.