Moser Wealth Advisors LLC Trims Stake in iShares Russell Mid-Cap ETF $IWR

Moser Wealth Advisors LLC lessened its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 4.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 80,704 shares of the company’s stock after selling 4,196 shares during the quarter. iShares Russell Mid-Cap ETF accounts for approximately 3.6% of Moser Wealth Advisors LLC’s holdings, making the stock its 8th largest holding. Moser Wealth Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $7,422,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Patton Fund Management Inc. lifted its holdings in iShares Russell Mid-Cap ETF by 2.3% during the second quarter. Patton Fund Management Inc. now owns 165,655 shares of the company’s stock worth $15,235,000 after acquiring an additional 3,707 shares in the last quarter. Kendall Capital Management bought a new position in iShares Russell Mid-Cap ETF during the second quarter worth about $533,000. Headlands Technologies LLC bought a new position in iShares Russell Mid-Cap ETF during the first quarter worth about $44,000. American National Bank & Trust lifted its holdings in iShares Russell Mid-Cap ETF by 7.0% during the second quarter. American National Bank & Trust now owns 9,217 shares of the company’s stock worth $848,000 after acquiring an additional 600 shares in the last quarter. Finally, Beacon Capital Management LLC lifted its holdings in iShares Russell Mid-Cap ETF by 10.9% during the second quarter. Beacon Capital Management LLC now owns 2,244 shares of the company’s stock worth $206,000 after acquiring an additional 220 shares in the last quarter. 80.16% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap ETF Trading Up 0.9%

IWR stock opened at $96.81 on Friday. The business’s 50-day moving average price is $96.01 and its two-hundred day moving average price is $91.41. The firm has a market cap of $45.25 billion, a PE ratio of 21.00 and a beta of 1.09. iShares Russell Mid-Cap ETF has a 1-year low of $73.17 and a 1-year high of $97.80.

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.