Carnegie Investment Counsel Decreases Stock Holdings in iShares Russell Mid-Cap ETF $IWR

Carnegie Investment Counsel decreased its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 6.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,704 shares of the company’s stock after selling 468 shares during the period. Carnegie Investment Counsel’s holdings in iShares Russell Mid-Cap ETF were worth $617,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Riggs Asset Managment Co. Inc. purchased a new position in shares of iShares Russell Mid-Cap ETF during the 1st quarter valued at approximately $28,000. Advantage Trust Co purchased a new position in iShares Russell Mid-Cap ETF in the 2nd quarter valued at $28,000. N.E.W. Advisory Services LLC purchased a new position in iShares Russell Mid-Cap ETF in the 1st quarter valued at $30,000. Rossby Financial LCC purchased a new position in iShares Russell Mid-Cap ETF in the 1st quarter valued at $31,000. Finally, Physician Wealth Advisors Inc. purchased a new position in iShares Russell Mid-Cap ETF in the 1st quarter valued at $36,000. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

Shares of IWR stock opened at $97.20 on Monday. The stock’s fifty day moving average is $96.07 and its two-hundred day moving average is $91.76. The firm has a market capitalization of $45.45 billion, a P/E ratio of 21.00 and a beta of 1.09. iShares Russell Mid-Cap ETF has a fifty-two week low of $73.17 and a fifty-two week high of $97.82.

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.