Simon Quick Advisors LLC Reduces Stock Position in iShares Russell Mid-Cap ETF $IWR

Simon Quick Advisors LLC decreased its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 5.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 83,728 shares of the company’s stock after selling 4,609 shares during the quarter. Simon Quick Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $8,141,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its stake in shares of iShares Russell Mid-Cap ETF by 6.6% during the 4th quarter. Bank of America Corp DE now owns 66,569,630 shares of the company’s stock worth $6,408,658,000 after purchasing an additional 4,145,765 shares during the last quarter. Wells Fargo & Company MN lifted its stake in shares of iShares Russell Mid-Cap ETF by 3.6% during the fourth quarter. Wells Fargo & Company MN now owns 41,686,088 shares of the company’s stock valued at $4,013,120,000 after buying an additional 1,438,369 shares during the period. Morgan Stanley lifted its stake in shares of iShares Russell Mid-Cap ETF by 4.5% during the fourth quarter. Morgan Stanley now owns 10,797,769 shares of the company’s stock valued at $1,039,501,000 after buying an additional 460,088 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of iShares Russell Mid-Cap ETF by 7.6% during the fourth quarter. Bank of New York Mellon Corp now owns 10,779,440 shares of the company’s stock valued at $1,037,737,000 after buying an additional 756,994 shares during the period. Finally, Northern Trust Corp boosted its position in iShares Russell Mid-Cap ETF by 5.4% during the fourth quarter. Northern Trust Corp now owns 10,331,591 shares of the company’s stock worth $994,622,000 after acquiring an additional 526,956 shares during the last quarter. 80.16% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Stock Performance

IWR stock opened at $109.34 on Friday. The company has a 50 day moving average price of $107.82 and a two-hundred day moving average price of $103.06. The stock has a market capitalization of $56.75 billion, a P/E ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a one year low of $91.36 and a one year high of $111.43.

About iShares Russell Mid-Cap ETF

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. The Index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000 Index. The Index includes equity securities issued by issuers, which range in size between approximately $1.7 billion and $12 billion, though these amounts may change from time to time.