GM Advisory Group LLC Decreases Stock Position in iShares Russell Mid-Cap ETF $IWR

GM Advisory Group LLC decreased its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 76.0% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,437 shares of the company’s stock after selling 10,876 shares during the period. GM Advisory Group LLC’s holdings in iShares Russell Mid-Cap ETF were worth $334,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. HFM Investment Advisors LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at $28,000. KERR FINANCIAL PLANNING Corp purchased a new stake in iShares Russell Mid-Cap ETF during the third quarter worth approximately $32,000. Reflection Asset Management acquired a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter worth $33,000. Dorato Capital Management purchased a new position in shares of iShares Russell Mid-Cap ETF in the 4th quarter valued at $43,000. Finally, Commonwealth Retirement Investments LLC acquired a new position in shares of iShares Russell Mid-Cap ETF during the 4th quarter valued at $41,000. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

Shares of NYSEARCA IWR opened at $110.34 on Monday. The stock has a fifty day moving average price of $106.71 and a 200 day moving average price of $102.22. iShares Russell Mid-Cap ETF has a 12-month low of $91.36 and a 12-month high of $111.43. The company has a market cap of $56.98 billion, a P/E ratio of 21.00 and a beta of 1.00.

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.