IFC Advisors LLC Trims Holdings in iShares Russell Mid-Cap ETF $IWR

IFC Advisors LLC lessened its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 15.3% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 61,198 shares of the company’s stock after selling 11,093 shares during the period. iShares Russell Mid-Cap ETF accounts for approximately 0.9% of IFC Advisors LLC’s portfolio, making the stock its 23rd biggest position. IFC Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $5,950,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of IWR. Piscataqua Savings Bank grew its stake in shares of iShares Russell Mid-Cap ETF by 11.1% in the 4th quarter. Piscataqua Savings Bank now owns 1,000 shares of the company’s stock valued at $96,000 after buying an additional 100 shares during the period. Axis Wealth Partners LLC raised its position in shares of iShares Russell Mid-Cap ETF by 1.7% during the 1st quarter. Axis Wealth Partners LLC now owns 6,282 shares of the company’s stock valued at $611,000 after buying an additional 108 shares during the period. Walled Lake Planning & Wealth Management LLC raised its position in shares of iShares Russell Mid-Cap ETF by 1.6% during the 4th quarter. Walled Lake Planning & Wealth Management LLC now owns 7,751 shares of the company’s stock valued at $746,000 after buying an additional 119 shares during the period. Asset Management Group Inc. lifted its holdings in iShares Russell Mid-Cap ETF by 0.3% in the fourth quarter. Asset Management Group Inc. now owns 39,498 shares of the company’s stock valued at $3,802,000 after acquiring an additional 124 shares during the last quarter. Finally, Welch Group LLC lifted its holdings in iShares Russell Mid-Cap ETF by 5.4% in the fourth quarter. Welch Group LLC now owns 2,447 shares of the company’s stock valued at $236,000 after acquiring an additional 126 shares during the last quarter. 80.16% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Stock Performance

Shares of iShares Russell Mid-Cap ETF stock opened at $110.02 on Monday. The firm has a market capitalization of $56.93 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a fifty-two week low of $91.36 and a fifty-two week high of $111.43. The stock has a 50 day moving average of $107.36 and a 200 day moving average of $102.68.

About iShares Russell Mid-Cap ETF

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.