Selective Wealth Management Inc. Lowers Stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Selective Wealth Management Inc. cut its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 1.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,158 shares of the company’s stock after selling 113 shares during the period. Selective Wealth Management Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $817,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Legacy Investment Solutions LLC purchased a new stake in iShares Russell Mid-Cap ETF during the 3rd quarter valued at approximately $26,000. First Pacific Financial bought a new position in shares of iShares Russell Mid-Cap ETF during the fourth quarter worth $27,000. Future Financial Wealth Managment LLC purchased a new stake in iShares Russell Mid-Cap ETF in the 3rd quarter worth $30,000. Highline Wealth Partners LLC bought a new position in shares of iShares Russell Mid-Cap ETF during the 3rd quarter valued at about $41,000. Finally, Transcendent Capital Group LLC increased its holdings in shares of iShares Russell Mid-Cap ETF by 150.2% in the third quarter. Transcendent Capital Group LLC now owns 523 shares of the company’s stock worth $46,000 after purchasing an additional 314 shares during the last quarter.

iShares Russell Mid-Cap ETF Price Performance

NYSEARCA IWR opened at $91.60 on Friday. iShares Russell Mid-Cap ETF has a 1-year low of $75.15 and a 1-year high of $96.00. The business has a 50 day simple moving average of $91.58 and a two-hundred day simple moving average of $87.66. The stock has a market capitalization of $37.84 billion, a PE ratio of 20.27 and a beta of 1.02.

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.