iShares Russell Mid-Cap ETF (NYSEARCA:IWR) Shares Sold by Flputnam Investment Management Co.

Flputnam Investment Management Co. trimmed its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 6.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 18,047 shares of the company’s stock after selling 1,301 shares during the quarter. Flputnam Investment Management Co.’s holdings in iShares Russell Mid-Cap ETF were worth $1,403,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. First Command Advisory Services Inc. acquired a new position in shares of iShares Russell Mid-Cap ETF during the third quarter valued at $25,000. Credit Suisse AG acquired a new position in iShares Russell Mid-Cap ETF during the 4th quarter valued at about $26,000. Qube Research & Technologies Ltd acquired a new stake in shares of iShares Russell Mid-Cap ETF in the 3rd quarter worth approximately $28,000. Raleigh Capital Management Inc. acquired a new stake in shares of iShares Russell Mid-Cap ETF in the 3rd quarter worth approximately $29,000. Finally, Pacific Center for Financial Services bought a new position in shares of iShares Russell Mid-Cap ETF in the first quarter valued at approximately $31,000.

iShares Russell Mid-Cap ETF Price Performance

Shares of NYSEARCA:IWR opened at $79.13 on Wednesday. The stock has a market cap of $31.78 billion, a price-to-earnings ratio of 20.48 and a beta of 1.03. iShares Russell Mid-Cap ETF has a 12 month low of $64.66 and a 12 month high of $84.33. The stock’s 50 day moving average price is $81.21 and its 200 day moving average price is $75.77.

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.