iShares Russell Mid-Cap ETF (NYSEARCA:IWR) Stake Trimmed by Sunburst Financial Group LLC

Sunburst Financial Group LLC reduced its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 59,631 shares of the company’s stock after selling 1,765 shares during the quarter. iShares Russell Mid-Cap ETF accounts for approximately 2.9% of Sunburst Financial Group LLC’s holdings, making the stock its 10th biggest holding. Sunburst Financial Group LLC’s holdings in iShares Russell Mid-Cap ETF were worth $3,422,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Raymond James Trust N.A. grew its stake in iShares Russell Mid-Cap ETF by 4.3% in the 3rd quarter. Raymond James Trust N.A. now owns 86,263 shares of the company’s stock worth $4,950,000 after acquiring an additional 3,553 shares in the last quarter. Calamos Advisors LLC grew its stake in iShares Russell Mid-Cap ETF by 3.5% in the 2nd quarter. Calamos Advisors LLC now owns 8,800 shares of the company’s stock worth $472,000 after acquiring an additional 300 shares in the last quarter. Flow Traders U.S. LLC bought a new position in iShares Russell Mid-Cap ETF in the 2nd quarter worth about $2,221,000. Morgan Stanley grew its stake in iShares Russell Mid-Cap ETF by 13.8% in the 1st quarter. Morgan Stanley now owns 4,465,520 shares of the company’s stock worth $192,776,000 after acquiring an additional 540,617 shares in the last quarter. Finally, Anchor Capital Advisors LLC bought a new position in iShares Russell Mid-Cap ETF in the 2nd quarter worth about $1,780,000.

Shares of IWR stock opened at $60.92 on Friday. The company’s 50-day simple moving average is $58.26 and its two-hundred day simple moving average is $53.79. iShares Russell Mid-Cap ETF has a one year low of $36.03 and a one year high of $62.15.

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.

See Also: Understanding the two types of arbitrage

Institutional Ownership by Quarter for iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Receive News & Ratings for iShares Russell Mid-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell Mid-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.