Fiducient Advisors LLC Cuts Holdings in iShares Russell Mid-Cap ETF $IWR

Fiducient Advisors LLC cut its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 51.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 7,126 shares of the company’s stock after selling 7,543 shares during the quarter. Fiducient Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $686,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. HFM Investment Advisors LLC purchased a new position in iShares Russell Mid-Cap ETF during the fourth quarter worth about $28,000. KERR FINANCIAL PLANNING Corp purchased a new position in iShares Russell Mid-Cap ETF during the third quarter worth about $32,000. Smartleaf Asset Management LLC boosted its holdings in iShares Russell Mid-Cap ETF by 192.0% during the third quarter. Smartleaf Asset Management LLC now owns 400 shares of the company’s stock worth $39,000 after purchasing an additional 263 shares during the last quarter. Dorato Capital Management purchased a new position in iShares Russell Mid-Cap ETF during the fourth quarter worth about $43,000. Finally, Basepoint Wealth LLC purchased a new position in iShares Russell Mid-Cap ETF during the fourth quarter worth about $43,000. 80.16% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Stock Up 0.5%

IWR opened at $107.17 on Friday. The stock has a market cap of $53.91 billion, a price-to-earnings ratio of 21.00 and a beta of 1.01. iShares Russell Mid-Cap ETF has a twelve month low of $87.68 and a twelve month high of $107.57. The company’s 50-day moving average price is $102.07 and its two-hundred day moving average price is $99.90.

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. 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.