iShares Russell Mid-Cap ETF (NYSEARCA:IWR) Shares Sold by JMG Financial Group Ltd.

JMG Financial Group Ltd. cut its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 11.0% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,197,875 shares of the company’s stock after selling 147,607 shares during the period. iShares Russell Mid-Cap ETF accounts for 7.5% of JMG Financial Group Ltd.’s holdings, making the stock its 4th biggest holding. JMG Financial Group Ltd. owned about 0.35% of iShares Russell Mid-Cap ETF worth $64,625,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IWR. Bank of America Corp DE lifted its stake in shares of iShares Russell Mid-Cap ETF by 344.1% during the fourth quarter. Bank of America Corp DE now owns 49,314,252 shares of the company’s stock worth $2,292,127,000 after buying an additional 38,208,783 shares during the period. PNC Financial Services Group Inc. raised its holdings in shares of iShares Russell Mid-Cap ETF by 295.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 18,945,764 shares of the company’s stock worth $880,597,000 after purchasing an additional 14,150,741 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in shares of iShares Russell Mid-Cap ETF by 5.8% during the first quarter. Jones Financial Companies Lllp now owns 7,255,051 shares of the company’s stock worth $391,409,000 after purchasing an additional 396,864 shares during the last quarter. TIAA FSB raised its holdings in shares of iShares Russell Mid-Cap ETF by 3.1% during the first quarter. TIAA FSB now owns 7,058,207 shares of the company’s stock worth $380,790,000 after purchasing an additional 214,584 shares during the last quarter. Finally, Northern Trust Corp raised its holdings in shares of iShares Russell Mid-Cap ETF by 338.1% during the fourth quarter. Northern Trust Corp now owns 6,027,931 shares of the company’s stock worth $280,178,000 after purchasing an additional 4,651,977 shares during the last quarter.

Shares of iShares Russell Mid-Cap ETF stock traded up $0.47 during trading on Friday, hitting $55.87. 1,373,670 shares of the company’s stock were exchanged, compared to its average volume of 2,078,198. iShares Russell Mid-Cap ETF has a 52-week low of $43.64 and a 52-week high of $56.23. The firm’s 50-day simple moving average is $54.49.

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 21st. Shareholders of record on Tuesday, June 18th were issued a $0.1933 dividend. This is a boost from iShares Russell Mid-Cap ETF’s previous quarterly dividend of $0.18. The ex-dividend date was Monday, June 17th. This represents a $0.77 dividend on an annualized basis and a yield of 1.38%.

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.

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Institutional Ownership by Quarter for iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

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