NewEdge Advisors LLC cut its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) by 12.9% during the first quarter, Holdings Channel.com reports. The firm owned 260,616 shares of the company’s stock after selling 38,702 shares during the period. NewEdge Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $25,340,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. NFSG Corp raised its position in shares of iShares Russell Mid-Cap ETF by 93.1% in the 1st quarter. NFSG Corp now owns 280 shares of the company’s stock worth $27,000 after acquiring an additional 135 shares in the last quarter. HFM Investment Advisors LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the 4th quarter worth $28,000. Frazier Financial Advisors LLC bought a new stake in iShares Russell Mid-Cap ETF during the first quarter valued at about $31,000. Reflection Asset Management bought a new stake in iShares Russell Mid-Cap ETF during the fourth quarter valued at about $33,000. Finally, Scarborough Advisors LLC purchased a new position in iShares Russell Mid-Cap ETF in the first quarter valued at about $38,000. 80.16% of the stock is owned by hedge funds and other institutional investors.
iShares Russell Mid-Cap ETF Stock Performance
IWR stock opened at $113.11 on Friday. The firm has a market cap of $57.37 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00. The firm has a 50-day simple moving average of $109.35 and a two-hundred day simple moving average of $104.27. iShares Russell Mid-Cap ETF has a one year low of $91.64 and a one year high of $113.39.
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. The Index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000 Index. The Index includes equity securities issued by issuers, which range in size between approximately $1.7 billion and $12 billion, though these amounts may change from time to time.
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Want to see what other hedge funds are holding IWR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report).
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