Altus Wealth Group LLC Trims Stock Position in iShares Russell Mid-Cap ETF $IWR

Altus Wealth Group LLC lessened its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 27.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,261 shares of the company’s stock after selling 2,385 shares during the quarter. Altus Wealth Group LLC’s holdings in iShares Russell Mid-Cap ETF were worth $576,000 at the end of the most recent reporting period.

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

iShares Russell Mid-Cap ETF Price Performance

Shares of iShares Russell Mid-Cap ETF stock opened at $95.30 on Monday. The firm’s fifty day simple moving average is $95.81 and its 200-day simple moving average is $91.07. The stock has a market capitalization of $44.53 billion, a price-to-earnings ratio of 21.00 and a beta of 1.09. iShares Russell Mid-Cap ETF has a 12 month low of $73.17 and a 12 month high of $97.80.

iShares Russell Mid-Cap ETF Company 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.