Fort Point Capital Partners LLC Has $3.13 Million Stock Position in iShares Russell Mid-Cap ETF $IWR

Fort Point Capital Partners LLC decreased its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 29.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,999 shares of the company’s stock after selling 13,044 shares during the period. Fort Point Capital Partners LLC’s holdings in iShares Russell Mid-Cap ETF were worth $3,134,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. HFM Investment Advisors LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter worth $28,000. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of iShares Russell Mid-Cap ETF in the third quarter worth $32,000. Smartleaf Asset Management LLC grew its stake in shares of iShares Russell Mid-Cap ETF by 192.0% in the third quarter. Smartleaf Asset Management LLC now owns 400 shares of the company’s stock worth $39,000 after acquiring an additional 263 shares during the last quarter. Dorato Capital Management acquired a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter worth $43,000. Finally, Commonwealth Retirement Investments LLC acquired a new stake in iShares Russell Mid-Cap ETF during the fourth quarter worth $41,000. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

IWR opened at $108.72 on Friday. iShares Russell Mid-Cap ETF has a fifty-two week low of $88.83 and a fifty-two week high of $109.08. The firm’s fifty day moving average price is $104.38 and its two-hundred day moving average price is $100.87. The company has a market capitalization of $54.69 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.