Prospera Financial Services Inc Cuts Holdings in iShares Russell Mid-Cap ETF $IWR

Prospera Financial Services Inc trimmed its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 39.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 36,233 shares of the company’s stock after selling 23,256 shares during the period. Prospera Financial Services Inc’s holdings in iShares Russell Mid-Cap ETF were worth $3,490,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of IWR. Brighton Jones LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 4.2% in the 4th quarter. Brighton Jones LLC now owns 104,524 shares of the company’s stock worth $9,240,000 after acquiring an additional 4,189 shares during the period. Revolve Wealth Partners LLC purchased a new position in shares of iShares Russell Mid-Cap ETF during the 4th quarter worth $323,000. Quantbot Technologies LP purchased a new position in shares of iShares Russell Mid-Cap ETF during the 2nd quarter worth $64,000. Qube Research & Technologies Ltd lifted its stake in shares of iShares Russell Mid-Cap ETF by 581.4% during the 2nd quarter. Qube Research & Technologies Ltd now owns 9,253 shares of the company’s stock worth $851,000 after purchasing an additional 7,895 shares during the period. Finally, Ieq Capital LLC raised its position in shares of iShares Russell Mid-Cap ETF by 2.6% in the 2nd quarter. Ieq Capital LLC now owns 86,647 shares of the company’s stock worth $7,969,000 after buying an additional 2,199 shares during the period. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

Shares of IWR opened at $105.92 on Tuesday. The firm has a market capitalization of $53.28 billion, a P/E ratio of 21.00 and a beta of 1.01. The stock’s fifty day simple moving average is $101.53 and its 200 day simple moving average is $99.65. iShares Russell Mid-Cap ETF has a twelve month low of $86.89 and a twelve month high of $106.43.

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. The Index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000 Index. The Index includes equity securities issued by issuers, which range in size between approximately $1.7 billion and $12 billion, though these amounts may change from time to time.