Sequoia Financial Advisors LLC Cuts Stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Sequoia Financial Advisors LLC reduced its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 10.5% during the third quarter, Holdings Channel.com reports. The institutional investor owned 46,215 shares of the company’s stock after selling 5,405 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $4,073,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Stratos Wealth Advisors LLC raised its stake in iShares Russell Mid-Cap ETF by 0.5% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 22,225 shares of the company’s stock valued at $1,959,000 after acquiring an additional 112 shares during the period. Klingman & Associates LLC raised its stake in iShares Russell Mid-Cap ETF by 1.0% in the 2nd quarter. Klingman & Associates LLC now owns 12,564 shares of the company’s stock valued at $1,019,000 after acquiring an additional 122 shares during the period. Guidance Point Advisors LLC raised its stake in iShares Russell Mid-Cap ETF by 2.9% in the 2nd quarter. Guidance Point Advisors LLC now owns 4,365 shares of the company’s stock valued at $354,000 after acquiring an additional 123 shares during the period. Sage Mountain Advisors LLC increased its position in shares of iShares Russell Mid-Cap ETF by 50.9% during the second quarter. Sage Mountain Advisors LLC now owns 403 shares of the company’s stock valued at $33,000 after buying an additional 136 shares during the period. Finally, Advisory Resource Group increased its position in shares of iShares Russell Mid-Cap ETF by 2.4% during the first quarter. Advisory Resource Group now owns 5,949 shares of the company’s stock valued at $500,000 after buying an additional 138 shares during the period.

iShares Russell Mid-Cap ETF Stock Down 0.4 %

Shares of IWR opened at $88.45 on Thursday. The business’s 50-day moving average price is $86.83 and its 200-day moving average price is $83.51. iShares Russell Mid-Cap ETF has a twelve month low of $64.66 and a twelve month high of $90.18. The stock has a market cap of $36.54 billion, a PE ratio of 20.27 and a beta of 1.02.

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.