Smith Chas P & Associates PA Cpas Has $4.47 Million Position in iShares Russell Mid-Cap ETF $IWR

Smith Chas P & Associates PA Cpas lessened its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 18.1% during the third quarter, HoldingsChannel reports. The fund owned 46,300 shares of the company’s stock after selling 10,263 shares during the quarter. Smith Chas P & Associates PA Cpas’ holdings in iShares Russell Mid-Cap ETF were worth $4,470,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in IWR. HHM Wealth Advisors LLC purchased a new position in shares of iShares Russell Mid-Cap ETF during the second quarter valued at approximately $29,000. Traub Capital Management LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the 2nd quarter worth approximately $37,000. Legacy Investment Solutions LLC bought a new position in iShares Russell Mid-Cap ETF during the second quarter valued at $38,000. Smartleaf Asset Management LLC increased its position in iShares Russell Mid-Cap ETF by 192.0% in the third quarter. Smartleaf Asset Management LLC now owns 400 shares of the company’s stock worth $39,000 after buying an additional 263 shares during the last quarter. Finally, Financial Gravity Companies Inc. bought a new stake in shares of iShares Russell Mid-Cap ETF in the second quarter valued at $47,000. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

IWR stock opened at $101.75 on Wednesday. The company has a market capitalization of $48.66 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06. iShares Russell Mid-Cap ETF has a fifty-two week low of $73.17 and a fifty-two week high of $103.53. The stock has a fifty day moving average of $100.36 and a 200-day moving average of $97.54.

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.