Kayne Anderson Rudnick Investment Management LLC Has $21.54 Million Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Kayne Anderson Rudnick Investment Management LLC increased its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 79.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 265,527 shares of the company’s stock after buying an additional 117,868 shares during the period. Kayne Anderson Rudnick Investment Management LLC owned 0.06% of iShares Russell Mid-Cap ETF worth $21,537,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. LifeSteps Financial Inc. bought a new stake in iShares Russell Mid-Cap ETF during the first quarter worth approximately $25,000. Paladin Advisory Group LLC bought a new stake in iShares Russell Mid-Cap ETF during the second quarter worth approximately $27,000. Future Financial Wealth Managment LLC bought a new stake in iShares Russell Mid-Cap ETF during the first quarter worth approximately $29,000. Financial Synergies Wealth Advisors Inc. boosted its position in 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 worth $32,000 after purchasing an additional 208 shares during the period. Finally, Sage Mountain Advisors LLC boosted its position in iShares Russell Mid-Cap ETF by 50.9% during the second quarter. Sage Mountain Advisors LLC now owns 403 shares of the company’s stock worth $33,000 after purchasing an additional 136 shares during the period.

iShares Russell Mid-Cap ETF Stock Down 0.5 %

Shares of iShares Russell Mid-Cap ETF stock opened at $87.53 on Friday. The stock has a market capitalization of $36.16 billion, a P/E ratio of 20.27 and a beta of 1.02. The stock has a 50 day moving average price of $84.41 and a two-hundred day moving average price of $82.58. iShares Russell Mid-Cap ETF has a 12-month low of $64.66 and a 12-month high of $88.28.

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.