Thoroughbred Financial Services LLC Trims Stock Position in iShares Russell Mid-Cap ETF $IWR

Thoroughbred Financial Services LLC decreased its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 63.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 11,629 shares of the company’s stock after selling 19,978 shares during the period. Thoroughbred Financial Services LLC’s holdings in iShares Russell Mid-Cap ETF were worth $1,069,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Creative Planning grew its stake in shares of iShares Russell Mid-Cap ETF by 35.9% in the second quarter. Creative Planning now owns 930,420 shares of the company’s stock valued at $85,571,000 after buying an additional 245,879 shares in the last quarter. WealthShield Partners LLC increased its stake in shares of iShares Russell Mid-Cap ETF by 9.8% in the second quarter. WealthShield Partners LLC now owns 4,430 shares of the company’s stock worth $407,000 after buying an additional 395 shares during the last quarter. Meridian Wealth Management LLC raised its holdings in iShares Russell Mid-Cap ETF by 0.5% in the second quarter. Meridian Wealth Management LLC now owns 20,962 shares of the company’s stock valued at $1,928,000 after acquiring an additional 112 shares in the last quarter. Empower Advisory Group LLC boosted its stake in iShares Russell Mid-Cap ETF by 21.6% during the 2nd quarter. Empower Advisory Group LLC now owns 7,567 shares of the company’s stock valued at $696,000 after acquiring an additional 1,345 shares during the last quarter. Finally, Foundations Investment Advisors LLC boosted its stake in iShares Russell Mid-Cap ETF by 16.0% during the 2nd quarter. Foundations Investment Advisors LLC now owns 10,680 shares of the company’s stock valued at $982,000 after acquiring an additional 1,476 shares during the last quarter. 80.16% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Stock Performance

Shares of iShares Russell Mid-Cap ETF stock opened at $94.42 on Monday. iShares Russell Mid-Cap ETF has a 1 year low of $73.17 and a 1 year high of $97.87. The firm’s 50-day simple moving average is $96.12 and its 200-day simple moving average is $93.34. The firm has a market cap of $44.29 billion, a PE ratio of 21.00 and a beta of 1.06.

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.