Stegner Investment Associates Inc. Reduces Stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Stegner Investment Associates Inc. trimmed its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 4.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 320,946 shares of the company’s stock after selling 14,274 shares during the quarter. iShares Russell Mid-Cap ETF accounts for approximately 18.8% of Stegner Investment Associates Inc.’s holdings, making the stock its 2nd biggest holding. Stegner Investment Associates Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $28,372,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of IWR. Summit Investment Advisory Services LLC boosted its holdings in iShares Russell Mid-Cap ETF by 2.1% in the fourth quarter. Summit Investment Advisory Services LLC now owns 7,688 shares of the company’s stock worth $680,000 after acquiring an additional 161 shares in the last quarter. Transcendent Capital Group LLC raised its position in shares of iShares Russell Mid-Cap ETF by 150.2% in the 3rd quarter. Transcendent Capital Group LLC now owns 523 shares of the company’s stock valued at $46,000 after purchasing an additional 314 shares during the last quarter. Brookstone Capital Management acquired a new stake in iShares Russell Mid-Cap ETF in the 4th quarter worth approximately $268,000. Hilltop Holdings Inc. grew its position in iShares Russell Mid-Cap ETF by 1.9% during the 3rd quarter. Hilltop Holdings Inc. now owns 33,376 shares of the company’s stock worth $2,942,000 after purchasing an additional 608 shares during the last quarter. Finally, FMR LLC increased its stake in iShares Russell Mid-Cap ETF by 2.2% during the 3rd quarter. FMR LLC now owns 2,872,877 shares of the company’s stock valued at $253,215,000 after purchasing an additional 63,048 shares in the last quarter.

iShares Russell Mid-Cap ETF Price Performance

Shares of IWR stock opened at $86.75 on Wednesday. The business has a fifty day moving average of $90.63 and a 200 day moving average of $89.78. The firm has a market capitalization of $37.76 billion, a price-to-earnings ratio of 21.79 and a beta of 1.12. iShares Russell Mid-Cap ETF has a 1 year low of $78.36 and a 1 year high of $96.00.

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.