Focus Financial Network Inc. Increases Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Focus Financial Network Inc. increased its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 1.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 246,668 shares of the company’s stock after acquiring an additional 3,246 shares during the period. iShares Russell Mid-Cap ETF comprises about 0.9% of Focus Financial Network Inc.’s portfolio, making the stock its 22nd biggest position. Focus Financial Network Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $21,805,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Stratos Wealth Advisors LLC raised its stake in shares of iShares Russell Mid-Cap ETF by 0.5% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 22,225 shares of the company’s stock worth $1,959,000 after buying an additional 112 shares during the last quarter. Heritage Financial Services LLC increased its holdings in iShares Russell Mid-Cap ETF by 4.9% during the 4th quarter. Heritage Financial Services LLC now owns 2,397 shares of the company’s stock valued at $212,000 after acquiring an additional 112 shares in the last quarter. Certified Advisory Corp raised its position in iShares Russell Mid-Cap ETF by 1.1% during the fourth quarter. Certified Advisory Corp now owns 10,159 shares of the company’s stock worth $898,000 after acquiring an additional 115 shares during the last quarter. Meridian Financial Partners LLC lifted its holdings in shares of iShares Russell Mid-Cap ETF by 0.5% in the fourth quarter. Meridian Financial Partners LLC now owns 23,482 shares of the company’s stock valued at $2,076,000 after purchasing an additional 116 shares in the last quarter. Finally, Raleigh Capital Management Inc. grew its position in shares of iShares Russell Mid-Cap ETF by 28.1% in the fourth quarter. Raleigh Capital Management Inc. now owns 534 shares of the company’s stock valued at $47,000 after purchasing an additional 117 shares during the last quarter.

iShares Russell Mid-Cap ETF Price Performance

Shares of iShares Russell Mid-Cap ETF stock opened at $92.46 on Tuesday. iShares Russell Mid-Cap ETF has a 1 year low of $77.04 and a 1 year high of $96.00. The business has a 50 day moving average price of $91.19 and a 200 day moving average price of $88.83. The company has a market capitalization of $38.20 billion, a P/E ratio of 20.27 and a beta of 1.02.

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.