Sunburst Financial Group LLC Has $5.48 Million Stock Holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Sunburst Financial Group LLC decreased its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 61,946 shares of the company’s stock after selling 1,309 shares during the period. iShares Russell Mid-Cap ETF comprises about 1.4% of Sunburst Financial Group LLC’s holdings, making the stock its 16th largest holding. Sunburst Financial Group LLC’s holdings in iShares Russell Mid-Cap ETF were worth $5,476,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Newbridge Financial Services Group Inc. acquired a new stake in shares of iShares Russell Mid-Cap ETF during the fourth quarter valued at about $25,000. Legacy Investment Solutions LLC bought a new position in iShares Russell Mid-Cap ETF in the 3rd quarter valued at approximately $26,000. First Pacific Financial bought a new position in iShares Russell Mid-Cap ETF in the 4th quarter valued at approximately $27,000. Hoese & Co LLP acquired a new stake in iShares Russell Mid-Cap ETF during the 4th quarter worth approximately $32,000. Finally, Highline Wealth Partners LLC bought a new stake in iShares Russell Mid-Cap ETF during the 3rd quarter worth approximately $41,000.

iShares Russell Mid-Cap ETF Stock Performance

IWR stock opened at $92.31 on Friday. The company has a market capitalization of $38.13 billion, a P/E ratio of 20.27 and a beta of 1.02. The company has a fifty day moving average price of $91.00 and a 200-day moving average price of $88.97. iShares Russell Mid-Cap ETF has a 52-week low of $77.98 and a 52-week high of $96.00.

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.