iShares Russell Mid-Cap ETF (NYSEARCA:IWR) Shares Sold by Conservest Capital Advisors Inc.

Conservest Capital Advisors Inc. cut its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 6.8% in the fourth quarter, Holdings Channel reports. The fund owned 56,333 shares of the company’s stock after selling 4,117 shares during the period. iShares Russell Mid-Cap ETF accounts for about 0.5% of Conservest Capital Advisors Inc.’s portfolio, making the stock its 23rd largest holding. Conservest Capital Advisors Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $4,980,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of IWR. Strategic Financial Concepts LLC increased its stake in shares of iShares Russell Mid-Cap ETF by 9,889.6% in the 4th quarter. Strategic Financial Concepts LLC now owns 544,732 shares of the company’s stock worth $48,154,000 after acquiring an additional 539,279 shares during the last quarter. Proficio Capital Partners LLC purchased a new position in shares of iShares Russell Mid-Cap ETF during the 3rd quarter worth $32,886,000. Atlas Legacy Advisors LLC purchased a new position in shares of iShares Russell Mid-Cap ETF during the 4th quarter worth $24,598,000. JPMorgan Chase & Co. grew its holdings in shares of iShares Russell Mid-Cap ETF by 2.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 7,059,914 shares of the company’s stock worth $622,261,000 after purchasing an additional 198,719 shares during the period. Finally, PFW Advisors LLC purchased a new position in shares of iShares Russell Mid-Cap ETF during the 4th quarter worth $17,061,000.

iShares Russell Mid-Cap ETF Trading Up 1.2 %

NYSEARCA IWR opened at $89.46 on Friday. The stock has a market cap of $38.94 billion, a PE ratio of 21.79 and a beta of 1.12. iShares Russell Mid-Cap ETF has a twelve month low of $78.36 and a twelve month high of $96.00. The stock has a fifty day simple moving average of $90.72 and a 200-day simple moving average of $89.63.

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.