Lowe Wealth Advisors LLC Lowers Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Lowe Wealth Advisors LLC cut its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 10.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,458 shares of the company’s stock after selling 176 shares during the quarter. Lowe Wealth Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $124,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. IFG Advisors LLC grew its position in iShares Russell Mid-Cap ETF by 0.7% during the fourth quarter. IFG Advisors LLC now owns 15,992 shares of the company’s stock worth $1,414,000 after buying an additional 110 shares in the last quarter. Heritage Financial Services LLC boosted its holdings in shares of iShares Russell Mid-Cap ETF by 4.9% during the fourth quarter. Heritage Financial Services LLC now owns 2,397 shares of the company’s stock worth $212,000 after purchasing an additional 112 shares during the period. Holistic Financial Partners grew its position in shares of iShares Russell Mid-Cap ETF by 2.4% in the 4th quarter. Holistic Financial Partners now owns 4,712 shares of the company’s stock worth $417,000 after buying an additional 112 shares during the last quarter. Financial Advocates Investment Management increased its position in iShares Russell Mid-Cap ETF by 2.0% during the 4th quarter. Financial Advocates Investment Management now owns 6,045 shares of the company’s stock valued at $534,000 after purchasing an additional 121 shares during the period. Finally, Jefferies Financial Group Inc. boosted its position in iShares Russell Mid-Cap ETF by 2.9% during the 4th quarter. Jefferies Financial Group Inc. now owns 4,877 shares of the company’s stock valued at $431,000 after acquiring an additional 137 shares in the last quarter.

iShares Russell Mid-Cap ETF Price Performance

IWR opened at $88.82 on Friday. The firm has a market cap of $40.40 billion, a PE ratio of 20.51 and a beta of 1.06. iShares Russell Mid-Cap ETF has a 1 year low of $73.17 and a 1 year high of $96.01. The stock has a 50-day moving average price of $84.33 and a 200-day moving average price of $88.44.

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.