Empirical Financial Services LLC d.b.a. Empirical Wealth Management Lowers Position in iShares Russell Mid-Cap ETF $IWR

Empirical Financial Services LLC d.b.a. Empirical Wealth Management reduced its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 4.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 8,913 shares of the company’s stock after selling 411 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in iShares Russell Mid-Cap ETF were worth $820,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in IWR. Jones Financial Companies Lllp increased its stake in iShares Russell Mid-Cap ETF by 6.9% in the 1st quarter. Jones Financial Companies Lllp now owns 66,497,354 shares of the company’s stock valued at $5,628,396,000 after buying an additional 4,290,076 shares during the last quarter. US Bancorp DE increased its stake in iShares Russell Mid-Cap ETF by 2.2% in the 1st quarter. US Bancorp DE now owns 19,325,451 shares of the company’s stock valued at $1,644,034,000 after buying an additional 418,491 shares during the last quarter. Northern Trust Corp increased its stake in iShares Russell Mid-Cap ETF by 0.8% in the 1st quarter. Northern Trust Corp now owns 9,371,071 shares of the company’s stock valued at $797,197,000 after buying an additional 75,638 shares during the last quarter. Baird Financial Group Inc. increased its position in shares of iShares Russell Mid-Cap ETF by 1.8% during the first quarter. Baird Financial Group Inc. now owns 8,218,663 shares of the company’s stock valued at $699,162,000 after acquiring an additional 142,576 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of iShares Russell Mid-Cap ETF by 11.7% during the first quarter. Bank of New York Mellon Corp now owns 8,018,338 shares of the company’s stock valued at $682,120,000 after acquiring an additional 840,839 shares during the last quarter. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Up 0.3%

Shares of IWR opened at $97.23 on Friday. The company has a market capitalization of $45.27 billion, a price-to-earnings ratio of 21.00 and a beta of 1.09. The stock has a 50 day moving average of $95.35 and a 200 day moving average of $90.31. iShares Russell Mid-Cap ETF has a 12 month low of $73.17 and a 12 month high of $97.80.

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.