iShares Russell Mid-Cap ETF (NYSEARCA:IWR) Shares Sold by MBA Advisors LLC

MBA Advisors LLC trimmed its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 5.4% during the second quarter, HoldingsChannel.com reports. The fund owned 21,093 shares of the company’s stock after selling 1,200 shares during the period. MBA Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $1,710,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. US Bancorp DE grew its holdings in shares of iShares Russell Mid-Cap ETF by 1.8% in the 4th quarter. US Bancorp DE now owns 21,262,137 shares of the company’s stock worth $1,652,718,000 after acquiring an additional 378,904 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in shares of iShares Russell Mid-Cap ETF by 3.5% during the fourth quarter. Jones Financial Companies Lllp now owns 20,399,582 shares of the company’s stock valued at $1,585,660,000 after buying an additional 695,205 shares in the last quarter. Northern Trust Corp grew its holdings in shares of iShares Russell Mid-Cap ETF by 2.4% during the fourth quarter. Northern Trust Corp now owns 9,093,647 shares of the company’s stock valued at $706,849,000 after buying an additional 212,522 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of iShares Russell Mid-Cap ETF by 3.2% during the first quarter. Bank of New York Mellon Corp now owns 7,954,498 shares of the company’s stock valued at $668,894,000 after buying an additional 246,062 shares in the last quarter. Finally, Baird Financial Group Inc. grew its holdings in shares of iShares Russell Mid-Cap ETF by 28.3% during the fourth quarter. Baird Financial Group Inc. now owns 7,802,114 shares of the company’s stock valued at $606,458,000 after buying an additional 1,722,388 shares in the last quarter.

iShares Russell Mid-Cap ETF Stock Performance

Shares of IWR stock traded up $0.59 on Friday, reaching $86.60. 609,934 shares of the company’s stock traded hands, compared to its average volume of 1,261,182. iShares Russell Mid-Cap ETF has a 12-month low of $64.66 and a 12-month high of $86.91. The company has a market capitalization of $35.77 billion, a P/E ratio of 20.27 and a beta of 1.02. The business’s 50 day moving average price is $82.97 and its two-hundred day moving average price is $81.91.

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.