Fiducient Advisors LLC Reduces Stake in iShares Russell Mid-Cap ETF $IWR

Fiducient Advisors LLC trimmed its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 51.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,126 shares of the company’s stock after selling 7,543 shares during the quarter. Fiducient Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $686,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Corepath Wealth Partners LLC raised its position in shares of iShares Russell Mid-Cap ETF by 282.0% in the third quarter. Corepath Wealth Partners LLC now owns 17,110 shares of the company’s stock valued at $1,665,000 after purchasing an additional 12,631 shares during the period. Tompkins Financial Corp raised its position in shares of iShares Russell Mid-Cap ETF by 465.7% in the fourth quarter. Tompkins Financial Corp now owns 116,276 shares of the company’s stock valued at $11,194,000 after purchasing an additional 95,723 shares during the period. Atria Investments Inc raised its position in shares of iShares Russell Mid-Cap ETF by 23.2% in the third quarter. Atria Investments Inc now owns 32,527 shares of the company’s stock valued at $3,140,000 after purchasing an additional 6,128 shares during the period. Allspring Global Investments Holdings LLC increased its holdings in iShares Russell Mid-Cap ETF by 163.8% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 39,916 shares of the company’s stock worth $3,885,000 after acquiring an additional 24,782 shares during the period. Finally, Becker Capital Management Inc. bought a new stake in iShares Russell Mid-Cap ETF during the 3rd quarter worth approximately $1,173,000. 80.16% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Price Performance

NYSEARCA IWR opened at $107.17 on Friday. iShares Russell Mid-Cap ETF has a 1 year low of $87.68 and a 1 year high of $107.57. The stock has a market capitalization of $53.91 billion, a PE ratio of 21.00 and a beta of 1.01. The company’s 50 day simple moving average is $102.07 and its two-hundred day simple moving average is $99.90.

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. 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.