Motiv8 Investments LLC Decreases Stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Motiv8 Investments LLC cut its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 5.2% during the first quarter, Holdings Channel.com reports. The institutional investor owned 31,053 shares of the company’s stock after selling 1,710 shares during the quarter. iShares Russell Mid-Cap ETF accounts for about 1.8% of Motiv8 Investments LLC’s investment portfolio, making the stock its 13th biggest holding. Motiv8 Investments LLC’s holdings in iShares Russell Mid-Cap ETF were worth $2,642,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Brighton Jones LLC raised its position in iShares Russell Mid-Cap ETF by 4.2% during the 4th quarter. Brighton Jones LLC now owns 104,524 shares of the company’s stock worth $9,240,000 after buying an additional 4,189 shares during the last quarter. Revolve Wealth Partners LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter worth $323,000. Principal Financial Group Inc. increased its stake in shares of iShares Russell Mid-Cap ETF by 109.1% in the fourth quarter. Principal Financial Group Inc. now owns 134,009 shares of the company’s stock worth $11,846,000 after acquiring an additional 69,934 shares during the period. IFP Advisors Inc lifted its position in iShares Russell Mid-Cap ETF by 216.0% during the fourth quarter. IFP Advisors Inc now owns 7,859 shares of the company’s stock valued at $695,000 after purchasing an additional 5,372 shares during the period. Finally, Pine Valley Investments Ltd Liability Co acquired a new position in iShares Russell Mid-Cap ETF during the fourth quarter valued at $405,000.

iShares Russell Mid-Cap ETF Stock Performance

NYSEARCA:IWR opened at $90.57 on Thursday. The firm’s fifty day moving average is $87.52 and its two-hundred day moving average is $87.91. The firm has a market cap of $41.28 billion, a price-to-earnings ratio of 20.51 and a beta of 1.05. iShares Russell Mid-Cap ETF has a one year low of $73.17 and a one year high of $96.01.

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.