International Assets Investment Management LLC Sells 862 Shares of iShares Russell Mid-Cap ETF $IWR

International Assets Investment Management LLC reduced its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 14.1% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 5,243 shares of the company’s stock after selling 862 shares during the period. International Assets Investment Management LLC’s holdings in iShares Russell Mid-Cap ETF were worth $482,000 as of its most recent filing with the Securities & Exchange Commission.

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

iShares Russell Mid-Cap ETF Stock Up 0.4%

Shares of iShares Russell Mid-Cap ETF stock opened at $96.80 on Wednesday. The firm has a market capitalization of $45.25 billion, a P/E ratio of 21.00 and a beta of 1.09. The company has a 50 day moving average price of $95.95 and a 200 day moving average price of $91.24. iShares Russell Mid-Cap ETF has a 52 week low of $73.17 and a 52 week high of $97.80.

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.