Signature Estate & Investment Advisors LLC Decreases Stock Holdings in iShares Russell Mid-Cap ETF $IWR

Signature Estate & Investment Advisors LLC lowered its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 9.4% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 7,927 shares of the company’s stock after selling 825 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $729,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Riggs Asset Managment Co. Inc. purchased a new position in iShares Russell Mid-Cap ETF in the 1st quarter valued at $28,000. N.E.W. Advisory Services LLC purchased a new position in iShares Russell Mid-Cap ETF in the 1st quarter valued at $30,000. Rossby Financial LCC purchased a new position in iShares Russell Mid-Cap ETF in the 1st quarter valued at $31,000. Physician Wealth Advisors Inc. purchased a new position in iShares Russell Mid-Cap ETF in the 1st quarter valued at $36,000. Finally, Atticus Wealth Management LLC lifted its holdings 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 purchasing an additional 229 shares in the last quarter. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

Shares of IWR stock opened at $95.30 on Monday. The stock’s fifty day moving average is $95.81 and its two-hundred day moving average is $91.07. The firm has a market capitalization of $44.53 billion, a P/E ratio of 21.00 and a beta of 1.09. iShares Russell Mid-Cap ETF has a fifty-two week low of $73.17 and a fifty-two week high of $97.80.

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.