Plan Group Financial LLC Lowers Stake in iShares Russell Mid-Cap ETF $IWR

Plan Group Financial LLC cut its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 7.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 91,227 shares of the company’s stock after selling 6,884 shares during the period. iShares Russell Mid-Cap ETF comprises approximately 2.3% of Plan Group Financial LLC’s holdings, making the stock its 6th largest position. Plan Group Financial LLC’s holdings in iShares Russell Mid-Cap ETF were worth $8,782,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of IWR. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of iShares Russell Mid-Cap ETF in the 3rd quarter worth $32,000. Smartleaf Asset Management LLC boosted its holdings in 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 buying an additional 263 shares during the period. Dorato Capital Management bought a new position in iShares Russell Mid-Cap ETF in the 4th quarter worth $43,000. Cary Street Partners Investment Advisory LLC bought a new position in iShares Russell Mid-Cap ETF in the 3rd quarter worth $47,000. Finally, Cornerstone Planning Group LLC bought a new position in shares of iShares Russell Mid-Cap ETF during the 3rd quarter valued at about $55,000. 80.16% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Price Performance

iShares Russell Mid-Cap ETF stock opened at $106.11 on Thursday. iShares Russell Mid-Cap ETF has a 1-year low of $84.93 and a 1-year high of $106.32. The firm has a market capitalization of $53.37 billion, a P/E ratio of 21.00 and a beta of 1.01. The company’s 50-day moving average is $100.57 and its 200 day moving average is $98.86.

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. 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.