Pinnacle Wealth Management Advisory Group LLC Sells 6,260 Shares of iShares Russell Mid-Cap ETF $IWR

Pinnacle Wealth Management Advisory Group LLC trimmed its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 39.6% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,538 shares of the company’s stock after selling 6,260 shares during the period. Pinnacle Wealth Management Advisory Group LLC’s holdings in iShares Russell Mid-Cap ETF were worth $927,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC raised its stake in iShares Russell Mid-Cap ETF by 4.2% during the fourth quarter. Brighton Jones LLC now owns 104,524 shares of the company’s stock worth $9,240,000 after acquiring an additional 4,189 shares in the last quarter. Revolve Wealth Partners LLC bought a new stake in shares of iShares Russell Mid-Cap ETF during the 4th quarter valued at approximately $323,000. Quantbot Technologies LP acquired a new position in iShares Russell Mid-Cap ETF during the 2nd quarter worth approximately $64,000. Qube Research & Technologies Ltd increased its position in iShares Russell Mid-Cap ETF by 581.4% during the 2nd quarter. Qube Research & Technologies Ltd now owns 9,253 shares of the company’s stock worth $851,000 after purchasing an additional 7,895 shares in the last quarter. Finally, Ieq Capital LLC boosted its position in iShares Russell Mid-Cap ETF by 2.6% in the second quarter. Ieq Capital LLC now owns 86,647 shares of the company’s stock valued at $7,969,000 after buying an additional 2,199 shares in the last quarter. 80.16% of the stock is owned by institutional investors.

iShares Russell Mid-Cap ETF Stock Performance

Shares of IWR opened at $109.58 on Friday. iShares Russell Mid-Cap ETF has a 52 week low of $91.09 and a 52 week high of $110.74. The stock has a market capitalization of $55.12 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00. The stock has a fifty day moving average of $106.07 and a 200-day moving average of $101.74.

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.