Stratos Investment Management LLC Trims Stock Position in iShares Russell Mid-Cap ETF $IWR

Stratos Investment Management LLC lessened its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 88.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,101 shares of the company’s stock after selling 52,562 shares during the quarter. Stratos Investment Management LLC’s holdings in iShares Russell Mid-Cap ETF were worth $684,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of IWR. KERR FINANCIAL PLANNING Corp purchased a new position in iShares Russell Mid-Cap ETF during the third quarter valued at approximately $32,000. Smartleaf Asset Management LLC boosted its position in iShares Russell Mid-Cap ETF by 192.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 400 shares of the company’s stock worth $39,000 after purchasing an additional 263 shares in the last quarter. Dorato Capital Management purchased a new stake in iShares Russell Mid-Cap ETF in the 4th quarter worth approximately $43,000. Cary Street Partners Investment Advisory LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF during the 3rd quarter worth approximately $47,000. Finally, Cornerstone Planning Group LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF during the 3rd quarter worth approximately $55,000. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

NYSEARCA:IWR opened at $98.34 on Friday. The company has a 50 day moving average price of $99.83 and a 200-day moving average price of $97.88. iShares Russell Mid-Cap ETF has a 1-year low of $73.17 and a 1-year high of $103.53. The firm has a market cap of $48.76 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06.

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. 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.