RMR Wealth Builders Cuts Stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)
by Scott Moore · The Cerbat GemRMR Wealth Builders decreased its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) by 3.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,042 shares of the company’s stock after selling 467 shares during the period. RMR Wealth Builders’ holdings in iShares Russell Mid-Cap ETF were worth $1,153,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also bought and sold shares of IWR. International Assets Investment Management LLC increased its holdings in shares of iShares Russell Mid-Cap ETF by 15,459.0% in the 3rd quarter. International Assets Investment Management LLC now owns 479,217 shares of the company’s stock worth $42,238,000 after buying an additional 476,137 shares during the last quarter. Proficio Capital Partners LLC purchased a new position in shares of iShares Russell Mid-Cap ETF during the third quarter worth approximately $32,886,000. Factory Mutual Insurance Co. increased its holdings in iShares Russell Mid-Cap ETF by 40.1% during the 3rd quarter. Factory Mutual Insurance Co. now owns 978,700 shares of the company’s stock worth $86,263,000 after purchasing an additional 280,000 shares during the period. Sanctuary Advisors LLC purchased a new stake in iShares Russell Mid-Cap ETF in the second quarter worth about $17,192,000. Finally, JPMorgan Chase & Co. boosted its stake in shares of iShares Russell Mid-Cap ETF by 2.9% during the third quarter. JPMorgan Chase & Co. now owns 7,059,914 shares of the company’s stock valued at $622,261,000 after purchasing an additional 198,719 shares in the last quarter.
iShares Russell Mid-Cap ETF Stock Performance
NYSEARCA:IWR traded down $1.31 during mid-day trading on Friday, hitting $87.64. 1,666,482 shares of the company’s stock traded hands, compared to its average volume of 1,213,427. The company has a market capitalization of $36.20 billion, a P/E ratio of 20.27 and a beta of 1.02. The company has a fifty day moving average of $91.61 and a 200 day moving average of $87.38. iShares Russell Mid-Cap ETF has a twelve month low of $75.00 and a twelve month high of $96.00.
iShares Russell Mid-Cap ETF 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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