Assetmark Inc. Sells 484,433 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Assetmark Inc. reduced its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 99.6% during the third quarter, Holdings Channel reports. The firm owned 1,924 shares of the company’s stock after selling 484,433 shares during the period. Assetmark Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $170,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Cambridge Trust Co. raised its position in iShares Russell Mid-Cap ETF by 2.8% in the first quarter. Cambridge Trust Co. now owns 8,344 shares of the company’s stock worth $702,000 after acquiring an additional 224 shares during the period. LRI Investments LLC bought a new stake in iShares Russell Mid-Cap ETF in the first quarter worth about $120,000. Gradient Investments LLC raised its position in iShares Russell Mid-Cap ETF by 358.6% in the second quarter. Gradient Investments LLC now owns 12,414 shares of the company’s stock worth $1,007,000 after acquiring an additional 9,707 shares during the period. Motiv8 Investments LLC raised its position in iShares Russell Mid-Cap ETF by 9.4% in the second quarter. Motiv8 Investments LLC now owns 30,329 shares of the company’s stock worth $2,459,000 after acquiring an additional 2,609 shares during the period. Finally, LPL Financial LLC raised its position in iShares Russell Mid-Cap ETF by 2.8% in the second quarter. LPL Financial LLC now owns 3,130,891 shares of the company’s stock worth $253,853,000 after acquiring an additional 84,394 shares during the period.

iShares Russell Mid-Cap ETF Stock Performance

Shares of IWR stock opened at $91.14 on Monday. The firm has a market cap of $37.65 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a 52 week low of $70.31 and a 52 week high of $93.85. The firm’s 50-day simple moving average is $88.51 and its two-hundred day simple moving average is $84.71.

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.