Lowe Brockenbrough & Co. Inc. Sells 1,123 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Lowe Brockenbrough & Co. Inc. trimmed its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 5.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,808 shares of the company’s stock after selling 1,123 shares during the quarter. Lowe Brockenbrough & Co. Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $1,570,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Paladin Advisory Group LLC purchased a new position in shares of iShares Russell Mid-Cap ETF in the 2nd quarter worth $27,000. Future Financial Wealth Managment LLC purchased a new position in iShares Russell Mid-Cap ETF in the third quarter worth about $30,000. Sage Mountain Advisors LLC raised its position in iShares Russell Mid-Cap ETF by 50.9% during the second quarter. Sage Mountain Advisors LLC now owns 403 shares of the company’s stock valued at $33,000 after purchasing an additional 136 shares during the period. Highline Wealth Partners LLC purchased a new stake in iShares Russell Mid-Cap ETF during the third quarter valued at approximately $41,000. Finally, Beaird Harris Wealth Management LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the 1st quarter valued at approximately $40,000.

iShares Russell Mid-Cap ETF Stock Performance

NYSEARCA IWR opened at $87.64 on Friday. The business’s 50 day moving average price is $87.32 and its 200-day moving average price is $83.86. iShares Russell Mid-Cap ETF has a fifty-two week low of $66.84 and a fifty-two week high of $90.18. The company has a market cap of $36.20 billion, a P/E ratio of 20.27 and a beta of 1.02.

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.