iShares Russell Mid-Cap ETF $IWR Stake Trimmed by Montis Financial LLC

Montis Financial LLC cut its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 19.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,276 shares of the company’s stock after selling 2,187 shares during the quarter. Montis Financial LLC’s holdings in iShares Russell Mid-Cap ETF were worth $853,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Fifth Third Securities Inc. increased its position in shares of iShares Russell Mid-Cap ETF by 3.4% in the second quarter. Fifth Third Securities Inc. now owns 74,310 shares of the company’s stock worth $6,834,000 after acquiring an additional 2,466 shares in the last quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH boosted its stake in iShares Russell Mid-Cap ETF by 5.8% in the 2nd quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 23,308 shares of the company’s stock worth $2,144,000 after purchasing an additional 1,274 shares during the period. Fiduciary Advisors Inc. grew its position in iShares Russell Mid-Cap ETF by 520.5% during the 2nd quarter. Fiduciary Advisors Inc. now owns 3,791 shares of the company’s stock worth $349,000 after purchasing an additional 3,180 shares in the last quarter. Norris Perne & French LLP MI purchased a new position in iShares Russell Mid-Cap ETF during the 2nd quarter worth approximately $201,000. Finally, Beacon Capital Management LLC raised its stake in iShares Russell Mid-Cap ETF by 10.9% during the 2nd quarter. Beacon Capital Management LLC now owns 2,244 shares of the company’s stock valued at $206,000 after purchasing an additional 220 shares during the period. 80.16% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Stock Up 1.1%

IWR opened at $96.16 on Monday. The firm has a market capitalization of $44.23 billion, a P/E ratio of 21.00 and a beta of 1.09. The stock has a fifty day moving average of $95.14 and a 200-day moving average of $89.95. iShares Russell Mid-Cap ETF has a 12-month low of $73.17 and a 12-month high of $97.59.

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.