Narus Financial Partners LLC Sells 16,048 Shares of iShares Russell Mid-Cap ETF $IWR

Narus Financial Partners LLC lowered its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 59.7% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,839 shares of the company’s stock after selling 16,048 shares during the period. Narus Financial Partners LLC’s holdings in iShares Russell Mid-Cap ETF were worth $1,047,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IWR. HHM Wealth Advisors LLC bought a new stake in iShares Russell Mid-Cap ETF in the second quarter worth $29,000. KERR FINANCIAL PLANNING Corp bought a new position in shares of iShares Russell Mid-Cap ETF during the third quarter valued at $32,000. Traub Capital Management LLC bought a new position in shares of iShares Russell Mid-Cap ETF during the second quarter valued at $37,000. Smartleaf Asset Management LLC raised its position in shares of iShares Russell Mid-Cap ETF by 192.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 400 shares of the company’s stock worth $39,000 after purchasing an additional 263 shares during the last quarter. Finally, Cary Street Partners Investment Advisory LLC purchased a new position in shares of iShares Russell Mid-Cap ETF in the 3rd quarter worth about $47,000. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

Shares of IWR stock opened at $97.46 on Thursday. iShares Russell Mid-Cap ETF has a one year low of $73.17 and a one year high of $103.53. The company’s 50-day moving average is $100.63 and its 200 day moving average is $97.81. The company has a market capitalization of $46.61 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06.

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. The Index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000 Index. The Index includes equity securities issued by issuers, which range in size between approximately $1.7 billion and $12 billion, though these amounts may change from time to time.