iShares Russell Mid-Cap ETF (NYSEARCA:IWR) Shares Sold by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC reduced its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 10.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,510 shares of the company’s stock after selling 4,705 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $3,670,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in IWR. Jones Financial Companies Lllp increased its holdings in iShares Russell Mid-Cap ETF by 44.7% in the 4th quarter. Jones Financial Companies Lllp now owns 62,207,278 shares of the company’s stock valued at $5,499,123,000 after purchasing an additional 19,216,938 shares in the last quarter. Raymond James Financial Inc. purchased a new position in iShares Russell Mid-Cap ETF in the 4th quarter valued at about $237,761,000. Strategic Financial Concepts LLC boosted its position in iShares Russell Mid-Cap ETF by 9,889.6% in the 4th quarter. Strategic Financial Concepts LLC now owns 544,732 shares of the company’s stock valued at $48,154,000 after buying an additional 539,279 shares during the last quarter. Atlas Legacy Advisors LLC purchased a new position in iShares Russell Mid-Cap ETF in the 4th quarter valued at about $24,598,000. Finally, JPMorgan Chase & Co. boosted its position in iShares Russell Mid-Cap ETF by 2.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,059,914 shares of the company’s stock valued at $622,261,000 after buying an additional 198,719 shares during the last quarter.

iShares Russell Mid-Cap ETF Price Performance

NYSEARCA:IWR opened at $82.81 on Friday. The firm has a 50-day moving average of $90.10 and a two-hundred day moving average of $89.71. The stock has a market cap of $36.29 billion, a P/E ratio of 20.66 and a beta of 1.13. iShares Russell Mid-Cap ETF has a 1-year low of $78.36 and a 1-year high of $96.00.

iShares Russell Mid-Cap ETF Company 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.