RKL Wealth Management LLC Sells 5,490 Shares of iShares Russell Mid-Cap ETF $IWR

RKL Wealth Management LLC trimmed its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 27.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,406 shares of the company’s stock after selling 5,490 shares during the period. RKL Wealth Management LLC’s holdings in iShares Russell Mid-Cap ETF were worth $1,325,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Riggs Asset Managment Co. Inc. bought a new stake in iShares Russell Mid-Cap ETF in the 1st quarter valued at about $28,000. N.E.W. Advisory Services LLC bought a new stake in iShares Russell Mid-Cap ETF in the 1st quarter valued at about $30,000. Rossby Financial LCC bought a new stake in iShares Russell Mid-Cap ETF in the 1st quarter valued at about $31,000. Physician Wealth Advisors Inc. bought a new stake in iShares Russell Mid-Cap ETF in the 1st quarter valued at about $36,000. Finally, Atticus Wealth Management LLC raised its stake in iShares Russell Mid-Cap ETF by 123.1% in the 2nd quarter. Atticus Wealth Management LLC now owns 415 shares of the company’s stock valued at $38,000 after acquiring an additional 229 shares during the period. 80.16% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap ETF Stock Performance

Shares of iShares Russell Mid-Cap ETF stock opened at $96.52 on Thursday. iShares Russell Mid-Cap ETF has a 52-week low of $73.17 and a 52-week high of $97.59. The stock’s 50-day simple moving average is $95.27 and its 200 day simple moving average is $90.12. The stock has a market capitalization of $44.40 billion, a P/E ratio of 21.00 and a beta of 1.09.

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.