iShares Russell Mid-Cap ETF $IWR Shares Sold by SMI Advisory Services LLC

SMI Advisory Services LLC lessened its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 3.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,891 shares of the company’s stock after selling 241 shares during the quarter. SMI Advisory Services LLC’s holdings in iShares Russell Mid-Cap ETF were worth $546,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in IWR. Riggs Asset Managment Co. Inc. acquired a new stake in iShares Russell Mid-Cap ETF in the first quarter valued at approximately $28,000. N.E.W. Advisory Services LLC acquired a new stake in iShares Russell Mid-Cap ETF in the first quarter valued at approximately $30,000. Rossby Financial LCC acquired a new stake in iShares Russell Mid-Cap ETF in the first quarter valued at approximately $31,000. Atticus Wealth Management LLC raised its holdings in iShares Russell Mid-Cap ETF by 123.1% in the second quarter. Atticus Wealth Management LLC now owns 415 shares of the company’s stock valued at $38,000 after acquiring an additional 229 shares in the last quarter. Finally, Physician Wealth Advisors Inc. acquired a new stake in iShares Russell Mid-Cap ETF in the first quarter valued at approximately $36,000. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Up 0.1%

Shares of NYSEARCA:IWR opened at $96.55 on Wednesday. The firm’s 50 day moving average price is $95.24 and its 200 day moving average price is $90.08. The stock has a market cap of $44.41 billion, a price-to-earnings 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 $97.59.

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.