ELM Advisors LLC Lowers Stock Holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)


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ELM Advisors LLC trimmed its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 4.7% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 40,546 shares of the company’s stock after selling 2,003 shares during the period. iShares Russell Mid-Cap ETF makes up about 1.9% of ELM Advisors LLC’s investment portfolio, making the stock its 15th biggest position. ELM Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $2,998,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Woodstock Corp lifted its position in shares of iShares Russell Mid-Cap ETF by 4.5% in the 1st quarter. Woodstock Corp now owns 220,441 shares of the company’s stock worth $16,297,000 after purchasing an additional 9,553 shares during the period. Thomasville National Bank lifted its position in shares of iShares Russell Mid-Cap ETF by 7.2% in the 1st quarter. Thomasville National Bank now owns 7,833 shares of the company’s stock worth $338,000 after purchasing an additional 526 shares during the period. Valley Brook Capital Group purchased a new stake in shares of iShares Russell Mid-Cap ETF in the 4th quarter worth approximately $95,000. Carret Asset Management LLC lifted its position in shares of iShares Russell Mid-Cap ETF by 6.4% in the 4th quarter. Carret Asset Management LLC now owns 65,501 shares of the company’s stock worth $4,490,000 after purchasing an additional 3,932 shares during the period. Finally, HM Payson & Co. lifted its position in shares of iShares Russell Mid-Cap ETF by 8.0% in the 4th quarter. HM Payson & Co. now owns 2,432 shares of the company’s stock worth $167,000 after purchasing an additional 181 shares during the period.

Shares of IWR traded up $0.16 during mid-day trading on Thursday, hitting $75.58. The company’s stock had a trading volume of 53,713 shares, compared to its average volume of 1,341,677. The company’s 50-day moving average is $73.73 and its 200-day moving average is $67.54. iShares Russell Mid-Cap ETF has a 52-week low of $44.41 and a 52-week high of $76.04.

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.

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Institutional Ownership by Quarter for iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

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