Fortis Capital Advisors LLC Reduces Holdings in iShares Russell Mid-Cap ETF $IWR

Fortis Capital Advisors LLC decreased its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 14.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,655 shares of the company’s stock after selling 793 shares during the period. Fortis Capital Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $428,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. U.S. Capital Wealth Advisors LLC increased its stake in iShares Russell Mid-Cap ETF by 0.5% during the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 21,254 shares of the company’s stock worth $1,955,000 after buying an additional 109 shares during the period. Register Financial Advisors LLC increased its stake in iShares Russell Mid-Cap ETF by 2.0% during the 2nd quarter. Register Financial Advisors LLC now owns 5,444 shares of the company’s stock worth $501,000 after buying an additional 109 shares during the period. Heritage Financial Services LLC increased its stake in iShares Russell Mid-Cap ETF by 3.8% during the 2nd quarter. Heritage Financial Services LLC now owns 3,129 shares of the company’s stock worth $288,000 after buying an additional 114 shares during the period. Cullen Frost Bankers Inc. grew its holdings in iShares Russell Mid-Cap ETF by 0.3% during the 1st quarter. Cullen Frost Bankers Inc. now owns 48,931 shares of the company’s stock worth $4,163,000 after acquiring an additional 124 shares in the last quarter. Finally, Innovative Wealth Building LLC grew its holdings in iShares Russell Mid-Cap ETF by 2.3% during the 1st quarter. Innovative Wealth Building LLC now owns 5,490 shares of the company’s stock worth $467,000 after acquiring an additional 125 shares in the last quarter. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

Shares of IWR stock opened at $97.23 on Friday. The firm has a market cap of $45.27 billion, a P/E ratio of 21.00 and a beta of 1.09. iShares Russell Mid-Cap ETF has a 1-year low of $73.17 and a 1-year high of $97.80. The firm has a fifty day moving average of $95.35 and a two-hundred day moving average of $90.31.

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.