Sonata Capital Group Inc. cut its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) by 5.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 167,673 shares of the company’s stock after selling 10,405 shares during the quarter. iShares Russell Mid-Cap ETF accounts for approximately 6.0% of Sonata Capital Group Inc.’s holdings, making the stock its 2nd largest position. Sonata Capital Group Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $16,303,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in IWR. HFM Investment Advisors LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the 4th quarter worth $28,000. KERR FINANCIAL PLANNING Corp bought a new position in shares of iShares Russell Mid-Cap ETF during the third quarter valued at $32,000. Reflection Asset Management bought a new position in shares of iShares Russell Mid-Cap ETF during the fourth quarter valued at $33,000. Commonwealth Retirement Investments LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the fourth quarter valued at $41,000. Finally, TD Capital Management LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the fourth quarter valued at $42,000. 80.16% of the stock is currently owned by hedge funds and other institutional investors.
iShares Russell Mid-Cap ETF Stock Performance
NYSEARCA IWR opened at $110.00 on Friday. iShares Russell Mid-Cap ETF has a one year low of $91.36 and a one year high of $111.43. The stock has a 50-day moving average of $107.21 and a 200 day moving average of $102.59. The company has a market capitalization of $56.80 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00.
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.
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