Sound View Wealth Advisors Group LLC Sells 2,562 Shares of iShares Russell Mid-Cap ETF $IWR

Sound View Wealth Advisors Group LLC lowered its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 4.1% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 59,761 shares of the company’s stock after selling 2,562 shares during the quarter. Sound View Wealth Advisors Group LLC’s holdings in iShares Russell Mid-Cap ETF were worth $5,496,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Parkside Financial Bank & Trust grew its stake in shares of iShares Russell Mid-Cap ETF by 51.4% in the second quarter. Parkside Financial Bank & Trust now owns 15,942 shares of the company’s stock worth $1,466,000 after acquiring an additional 5,410 shares during the last quarter. Prospera Financial Services Inc boosted its holdings in iShares Russell Mid-Cap ETF by 36.6% in the 2nd quarter. Prospera Financial Services Inc now owns 50,053 shares of the company’s stock valued at $4,605,000 after purchasing an additional 13,405 shares during the period. AE Wealth Management LLC grew its position in iShares Russell Mid-Cap ETF by 14.7% in the 2nd quarter. AE Wealth Management LLC now owns 250,817 shares of the company’s stock worth $23,068,000 after purchasing an additional 32,152 shares during the last quarter. Stokes Family Office LLC acquired a new stake in iShares Russell Mid-Cap ETF in the 2nd quarter worth $203,000. Finally, Legacy Investment Solutions LLC bought a new position in shares of iShares Russell Mid-Cap ETF during the 2nd quarter worth about $38,000. 80.16% of the stock is owned by institutional investors.

iShares Russell Mid-Cap ETF Stock Performance

Shares of IWR opened at $95.41 on Friday. The company has a 50-day simple moving average of $96.13 and a 200-day simple moving average of $92.84. iShares Russell Mid-Cap ETF has a 52 week low of $73.17 and a 52 week high of $97.87. The firm has a market capitalization of $44.75 billion, a P/E ratio of 21.00 and a beta of 1.06.

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.