Conservest Capital Advisors Inc. Lowers Stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Conservest Capital Advisors Inc. cut its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 13.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 63,245 shares of the company’s stock after selling 9,768 shares during the quarter. iShares Russell Mid-Cap ETF makes up 0.5% of Conservest Capital Advisors Inc.’s investment portfolio, making the stock its 24th largest position. Conservest Capital Advisors Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $4,916,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. First Command Advisory Services Inc. acquired a new position in iShares Russell Mid-Cap ETF during the third quarter worth approximately $25,000. Aspire Private Capital LLC acquired a new position in iShares Russell Mid-Cap ETF during the fourth quarter worth approximately $27,000. Raleigh Capital Management Inc. acquired a new position in iShares Russell Mid-Cap ETF during the third quarter worth approximately $29,000. Criterion Capital Advisors LLC acquired a new position in iShares Russell Mid-Cap ETF during the fourth quarter worth approximately $32,000. Finally, BKM Wealth Management LLC acquired a new position in iShares Russell Mid-Cap ETF during the fourth quarter worth approximately $49,000.

iShares Russell Mid-Cap ETF Price Performance

IWR stock traded up $0.25 on Friday, hitting $80.52. 790,524 shares of the company were exchanged, compared to its average volume of 1,436,841. iShares Russell Mid-Cap ETF has a twelve month low of $64.66 and a twelve month high of $84.33. The business’s fifty day moving average is $81.36 and its two-hundred day moving average is $76.35. The stock has a market capitalization of $33.17 billion, a price-to-earnings ratio of 19.78 and a beta of 1.02.

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.