Founders Financial Alliance LLC Sells 613 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Founders Financial Alliance LLC cut its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 10.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,307 shares of the company’s stock after selling 613 shares during the period. Founders Financial Alliance LLC’s holdings in iShares Russell Mid-Cap ETF were worth $469,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Summit Investment Advisory Services LLC increased its stake in iShares Russell Mid-Cap ETF by 2.1% in the 4th quarter. Summit Investment Advisory Services LLC now owns 7,688 shares of the company’s stock valued at $680,000 after buying an additional 161 shares during the last quarter. Transcendent Capital Group LLC grew its holdings 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 acquiring an additional 314 shares in the last quarter. Brookstone Capital Management acquired a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at about $268,000. Hilltop Holdings Inc. raised its holdings in iShares Russell Mid-Cap ETF by 1.9% during the third quarter. Hilltop Holdings Inc. now owns 33,376 shares of the company’s stock worth $2,942,000 after acquiring an additional 608 shares in the last quarter. Finally, FMR LLC boosted its position in iShares Russell Mid-Cap ETF by 2.2% during the third 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 during the last quarter.

iShares Russell Mid-Cap ETF Stock Down 2.3 %

IWR stock opened at $84.77 on Tuesday. The company has a market cap of $37.15 billion, a price-to-earnings ratio of 20.66 and a beta of 1.13. iShares Russell Mid-Cap ETF has a twelve month low of $78.36 and a twelve month high of $96.00. The business has a 50 day moving average price of $90.39 and a two-hundred day moving average price of $89.82.

About iShares Russell Mid-Cap ETF

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.