Kowal Investment Group LLC Reduces Stock Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Kowal Investment Group LLC trimmed its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 3.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,290 shares of the company’s stock after selling 219 shares during the period. Kowal Investment Group LLC’s holdings in iShares Russell Mid-Cap ETF were worth $529,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Pathstone Holdings LLC bought a new stake in iShares Russell Mid-Cap ETF during the fourth quarter valued at about $157,496,000. Baird Financial Group Inc. increased its holdings in iShares Russell Mid-Cap ETF by 28.3% in the 4th quarter. Baird Financial Group Inc. now owns 7,802,114 shares of the company’s stock worth $606,458,000 after acquiring an additional 1,722,388 shares in the last quarter. Jones Financial Companies Lllp raised its stake in iShares Russell Mid-Cap ETF by 3.5% during the 4th quarter. Jones Financial Companies Lllp now owns 20,399,582 shares of the company’s stock worth $1,585,660,000 after acquiring an additional 695,205 shares during the period. Factory Mutual Insurance Co. lifted its holdings in iShares Russell Mid-Cap ETF by 34.5% during the fourth quarter. Factory Mutual Insurance Co. now owns 2,189,600 shares of the company’s stock valued at $170,198,000 after purchasing an additional 561,600 shares in the last quarter. Finally, Comerica Bank bought a new stake in iShares Russell Mid-Cap ETF during the 3rd quarter valued at approximately $36,940,000.

iShares Russell Mid-Cap ETF Stock Performance

IWR stock traded down $0.58 during midday trading on Monday, reaching $80.50. 1,162,255 shares of the company traded hands, compared to its average volume of 1,279,145. The firm has a market capitalization of $33.25 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02. The business has a 50 day moving average of $81.43 and a 200-day moving average of $80.09. iShares Russell Mid-Cap ETF has a 52-week low of $64.66 and a 52-week high of $84.33.

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.