49 Wealth Management LLC Decreases Holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

49 Wealth Management LLC reduced its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 11.9% during the third quarter, Holdings Channel reports. The fund owned 4,738 shares of the company’s stock after selling 638 shares during the period. 49 Wealth Management LLC’s holdings in iShares Russell Mid-Cap ETF were worth $418,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in IWR. Paladin Advisory Group LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the second quarter worth about $27,000. Future Financial Wealth Managment LLC purchased a new stake in iShares Russell Mid-Cap ETF in the 3rd quarter worth approximately $30,000. Sage Mountain Advisors LLC grew its position in shares of iShares Russell Mid-Cap ETF by 50.9% in the 2nd quarter. Sage Mountain Advisors LLC now owns 403 shares of the company’s stock worth $33,000 after buying an additional 136 shares during the last quarter. Beaird Harris Wealth Management LLC purchased a new position in shares of iShares Russell Mid-Cap ETF during the first quarter valued at approximately $40,000. Finally, Cultivar Capital Inc. bought a new position in shares of iShares Russell Mid-Cap ETF during the second quarter valued at approximately $41,000.

iShares Russell Mid-Cap ETF Stock Up 1.3 %

NYSEARCA:IWR opened at $93.49 on Friday. The firm’s fifty day simple moving average is $89.14 and its 200 day simple moving average is $84.98. The stock has a market cap of $38.62 billion, a P/E ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a twelve month low of $71.25 and a twelve month high of $93.85.

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.