iShares Russell Mid-Cap ETF $IWR Shares Sold by Capital Investment Advisors LLC

Capital Investment Advisors LLC reduced its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 21.0% during the second quarter, Holdings Channel.com reports. The fund owned 9,667 shares of the company’s stock after selling 2,577 shares during the quarter. Capital Investment Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $889,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Jones Financial Companies Lllp grew its stake in shares of iShares Russell Mid-Cap ETF by 6.9% in the 1st quarter. Jones Financial Companies Lllp now owns 66,497,354 shares of the company’s stock worth $5,628,396,000 after purchasing an additional 4,290,076 shares during the last quarter. US Bancorp DE grew its position in iShares Russell Mid-Cap ETF by 2.2% in the first quarter. US Bancorp DE now owns 19,325,451 shares of the company’s stock worth $1,644,034,000 after buying an additional 418,491 shares during the last quarter. Northern Trust Corp increased its holdings in shares of iShares Russell Mid-Cap ETF by 0.8% in the first quarter. Northern Trust Corp now owns 9,371,071 shares of the company’s stock valued at $797,197,000 after buying an additional 75,638 shares in the last quarter. Baird Financial Group Inc. lifted its position in shares of iShares Russell Mid-Cap ETF by 1.8% during the 1st quarter. Baird Financial Group Inc. now owns 8,218,663 shares of the company’s stock valued at $699,162,000 after acquiring an additional 142,576 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of iShares Russell Mid-Cap ETF by 11.7% during the 1st quarter. Bank of New York Mellon Corp now owns 8,018,338 shares of the company’s stock worth $682,120,000 after acquiring an additional 840,839 shares in the last quarter. 80.16% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap ETF Stock Down 0.0%

Shares of NYSEARCA IWR opened at $96.52 on Thursday. iShares Russell Mid-Cap ETF has a 52-week low of $73.17 and a 52-week high of $97.59. The stock has a market capitalization of $44.40 billion, a price-to-earnings ratio of 21.00 and a beta of 1.09. The stock’s fifty day simple moving average is $95.27 and its 200 day simple moving average is $90.12.

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.