Mesirow Financial Investment Management Inc. Decreases Stock Holdings in iShares Russell Mid-Cap ETF $IWR

Mesirow Financial Investment Management Inc. trimmed its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 44.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 305,464 shares of the company’s stock after selling 242,499 shares during the quarter. Mesirow Financial Investment Management Inc. owned about 0.06% of iShares Russell Mid-Cap ETF worth $29,406,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of iShares Russell Mid-Cap ETF during the 3rd quarter valued at approximately $32,000. Smartleaf Asset Management LLC raised its position in shares of iShares Russell Mid-Cap ETF by 192.0% during the 3rd quarter. Smartleaf Asset Management LLC now owns 400 shares of the company’s stock valued at $39,000 after buying an additional 263 shares during the period. Dorato Capital Management purchased a new stake in shares of iShares Russell Mid-Cap ETF during the 4th quarter valued at approximately $43,000. Cary Street Partners Investment Advisory LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the 3rd quarter valued at approximately $47,000. Finally, Cornerstone Planning Group LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the 3rd quarter valued at approximately $55,000. 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 $104.74 on Thursday. The firm has a market cap of $52.68 billion, a PE ratio of 21.00 and a beta of 1.01. The firm’s 50 day moving average price is $100.78 and its 200-day moving average price is $99.17. iShares Russell Mid-Cap ETF has a one year low of $86.89 and a one year high of $106.43.

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.