First Foundation Advisors Acquires 14,127 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

First Foundation Advisors raised its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 3.4% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 435,267 shares of the company’s stock after purchasing an additional 14,127 shares during the quarter. iShares Russell Mid-Cap ETF makes up about 1.3% of First Foundation Advisors’ investment portfolio, making the stock its 15th largest position. First Foundation Advisors owned approximately 0.11% of iShares Russell Mid-Cap ETF worth $35,291,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. LifeSteps Financial Inc. acquired a new position in iShares Russell Mid-Cap ETF during the 1st quarter worth about $25,000. Paladin Advisory Group LLC acquired a new position in shares of iShares Russell Mid-Cap ETF during the second quarter worth approximately $27,000. Future Financial Wealth Managment LLC acquired a new position in shares of iShares Russell Mid-Cap ETF during the first quarter worth approximately $29,000. Financial Synergies Wealth Advisors Inc. grew its stake in shares of iShares Russell Mid-Cap ETF by 120.9% during the first quarter. Financial Synergies Wealth Advisors Inc. now owns 380 shares of the company’s stock valued at $32,000 after purchasing an additional 208 shares during the last quarter. Finally, Sage Mountain Advisors LLC increased its holdings in shares of iShares Russell Mid-Cap ETF by 50.9% in the second quarter. Sage Mountain Advisors LLC now owns 403 shares of the company’s stock valued at $33,000 after purchasing an additional 136 shares in the last quarter.

iShares Russell Mid-Cap ETF Stock Performance

NYSEARCA:IWR opened at $83.46 on Monday. The company has a market cap of $34.48 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02. The stock’s fifty day moving average price is $83.46 and its two-hundred day moving average price is $82.22. iShares Russell Mid-Cap ETF has a 52-week low of $64.66 and a 52-week high of $86.91.

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.