First Merchants Corp Sells 757 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

First Merchants Corp reduced its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 0.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 81,418 shares of the company’s stock after selling 757 shares during the quarter. First Merchants Corp’s holdings in iShares Russell Mid-Cap ETF were worth $7,197,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Strategic Financial Concepts LLC lifted its stake in shares of iShares Russell Mid-Cap ETF by 9,889.6% in the fourth quarter. Strategic Financial Concepts LLC now owns 544,732 shares of the company’s stock valued at $48,154,000 after buying an additional 539,279 shares during the period. International Assets Investment Management LLC lifted its position in shares of iShares Russell Mid-Cap ETF by 15,459.0% in the 3rd quarter. International Assets Investment Management LLC now owns 479,217 shares of the company’s stock worth $42,238,000 after acquiring an additional 476,137 shares during the period. Proficio Capital Partners LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF during the 3rd quarter worth approximately $32,886,000. JPMorgan Chase & Co. grew its holdings in shares of iShares Russell Mid-Cap ETF by 2.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 7,059,914 shares of the company’s stock worth $622,261,000 after purchasing an additional 198,719 shares in the last quarter. Finally, PFW Advisors LLC bought a new stake in shares of iShares Russell Mid-Cap ETF during the fourth quarter valued at approximately $17,061,000.

iShares Russell Mid-Cap ETF Trading Up 1.0 %

Shares of NYSEARCA IWR opened at $92.31 on Friday. iShares Russell Mid-Cap ETF has a one year low of $77.98 and a one year high of $96.00. The business has a fifty day simple moving average of $91.00 and a 200 day simple moving average of $88.97. The firm has a market capitalization of $38.13 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02.

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.