Sunburst Financial Group LLC Sells 255 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Sunburst Financial Group LLC lessened its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 0.4% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 63,255 shares of the company’s stock after selling 255 shares during the quarter. iShares Russell Mid-Cap ETF comprises 1.4% of Sunburst Financial Group LLC’s portfolio, making the stock its 17th largest position. Sunburst Financial Group LLC’s holdings in iShares Russell Mid-Cap ETF were worth $5,575,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in IWR. Pinnacle Associates Ltd. boosted its position in shares of iShares Russell Mid-Cap ETF by 2.9% during the third quarter. Pinnacle Associates Ltd. now owns 21,131 shares of the company’s stock valued at $1,862,000 after buying an additional 589 shares during the last quarter. First Trust Direct Indexing L.P. bought a new stake in shares of iShares Russell Mid-Cap ETF in the third quarter worth approximately $217,000. Highline Wealth Partners LLC purchased a new position in shares of iShares Russell Mid-Cap ETF during the third quarter valued at approximately $41,000. Fidelis Capital Partners LLC boosted its holdings in iShares Russell Mid-Cap ETF by 20.8% in the third quarter. Fidelis Capital Partners LLC now owns 148,847 shares of the company’s stock worth $13,166,000 after purchasing an additional 25,643 shares during the last quarter. Finally, Valmark Advisers Inc. grew its position in iShares Russell Mid-Cap ETF by 3.7% in the 3rd quarter. Valmark Advisers Inc. now owns 27,542 shares of the company’s stock worth $2,428,000 after purchasing an additional 982 shares during the period.

iShares Russell Mid-Cap ETF Stock Performance

Shares of IWR stock traded up $0.32 on Wednesday, reaching $89.10. The stock had a trading volume of 414,712 shares, compared to its average volume of 1,239,392. iShares Russell Mid-Cap ETF has a 1 year low of $65.14 and a 1 year high of $90.18. The stock has a market cap of $36.81 billion, a P/E ratio of 20.27 and a beta of 1.02. The company has a 50 day simple moving average of $87.17 and a 200 day simple moving average of $83.70.

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.