Envestnet Asset Management Inc. Lowers Holdings in iShares Russell Mid-Cap ETF $IWR

Envestnet Asset Management Inc. decreased its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 1.9% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,053,740 shares of the company’s stock after selling 78,588 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.88% of iShares Russell Mid-Cap ETF worth $372,822,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Riggs Asset Managment Co. Inc. acquired a new stake in shares of iShares Russell Mid-Cap ETF in the first quarter valued at $28,000. Advantage Trust Co acquired a new stake in shares of iShares Russell Mid-Cap ETF in the second quarter valued at $28,000. N.E.W. Advisory Services LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF in the first quarter valued at $30,000. Rossby Financial LCC acquired a new stake in shares of iShares Russell Mid-Cap ETF in the first quarter valued at $31,000. Finally, Physician Wealth Advisors Inc. acquired a new stake in shares of iShares Russell Mid-Cap ETF in the first quarter valued at $36,000. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Up 0.4%

Shares of NYSEARCA IWR opened at $97.20 on Monday. iShares Russell Mid-Cap ETF has a twelve month low of $73.17 and a twelve month high of $97.82. The stock has a fifty day simple moving average of $96.07 and a 200-day simple moving average of $91.76. The stock has a market capitalization of $45.45 billion, a PE ratio of 21.00 and a beta of 1.09.

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.