Belpointe Asset Management LLC Has $1.72 Million Stake in iShares Russell Mid-Cap ETF $IWR

Belpointe Asset Management LLC lowered its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 13.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,717 shares of the company’s stock after selling 2,881 shares during the period. Belpointe Asset Management LLC’s holdings in iShares Russell Mid-Cap ETF were worth $1,721,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Brighton Jones LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 4.2% in the 4th quarter. Brighton Jones LLC now owns 104,524 shares of the company’s stock valued at $9,240,000 after acquiring an additional 4,189 shares in the last quarter. Revolve Wealth Partners LLC acquired a new position in shares of iShares Russell Mid-Cap ETF during the 4th quarter worth approximately $323,000. Millennium Management LLC bought a new stake in shares of iShares Russell Mid-Cap ETF during the 4th quarter worth approximately $415,000. Rhumbline Advisers boosted its holdings in shares of iShares Russell Mid-Cap ETF by 39.8% in the 1st quarter. Rhumbline Advisers now owns 16,418 shares of the company’s stock valued at $1,397,000 after buying an additional 4,677 shares during the last quarter. Finally, Capital Investment Advisors LLC boosted its holdings in shares of iShares Russell Mid-Cap ETF by 15.5% in the 1st quarter. Capital Investment Advisors LLC now owns 12,244 shares of the company’s stock valued at $1,042,000 after buying an additional 1,642 shares during the last quarter. 80.16% of the stock is owned by institutional investors.

iShares Russell Mid-Cap ETF Trading Up 0.1%

Shares of IWR opened at $97.30 on Tuesday. The company’s fifty day simple moving average is $95.40 and its 200 day simple moving average is $90.42. iShares Russell Mid-Cap ETF has a 1-year low of $73.17 and a 1-year high of $97.80. The company has a market cap of $45.29 billion, a price-to-earnings ratio of 21.00 and a beta of 1.09.

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.