iShares Russell Mid-Cap ETF $IWR Shares Sold by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC decreased its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 14.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 42,698 shares of the company’s stock after selling 7,255 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $4,123,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Advantage Trust Co acquired a new position in iShares Russell Mid-Cap ETF in the 2nd quarter valued at $28,000. HHM Wealth Advisors LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF in the second quarter valued at $29,000. Traub Capital Management LLC acquired a new position in iShares Russell Mid-Cap ETF in the second quarter valued at $37,000. Legacy Investment Solutions LLC acquired a new position in iShares Russell Mid-Cap ETF in the second quarter valued at $38,000. Finally, Crews Bank & Trust lifted its position in iShares Russell Mid-Cap ETF by 54.5% during the second quarter. Crews Bank & Trust now owns 425 shares of the company’s stock worth $39,000 after buying an additional 150 shares during the period. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Down 0.3%

Shares of NYSEARCA:IWR opened at $100.80 on Tuesday. The firm has a market cap of $48.24 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06. The stock’s 50-day moving average price is $97.11 and its two-hundred day moving average price is $95.90. iShares Russell Mid-Cap ETF has a 12-month low of $73.17 and a 12-month high of $101.47.

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. 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.