iShares Russell Mid-Cap ETF $IWR Shares Sold by Wells Trecaso Financial Group LLC

Wells Trecaso Financial Group LLC trimmed its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 48.3% in the third quarter, Holdings Channel reports. The firm owned 12,929 shares of the company’s stock after selling 12,094 shares during the period. Wells Trecaso Financial Group LLC’s holdings in iShares Russell Mid-Cap ETF were worth $1,248,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Advantage Trust Co acquired a new stake in shares of iShares Russell Mid-Cap ETF in the second quarter valued at about $28,000. HHM Wealth Advisors LLC acquired a new position in iShares Russell Mid-Cap ETF during the 2nd quarter worth approximately $29,000. Traub Capital Management LLC purchased a new position in iShares Russell Mid-Cap ETF in the 2nd quarter worth approximately $37,000. Legacy Investment Solutions LLC acquired a new stake in iShares Russell Mid-Cap ETF in the second quarter valued at approximately $38,000. Finally, Financial Gravity Companies Inc. acquired a new stake in iShares Russell Mid-Cap ETF in the second quarter valued at approximately $47,000. 80.16% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Trading Up 0.7%

NYSEARCA IWR opened at $100.94 on Friday. The stock has a market cap of $48.28 billion, a P/E ratio of 21.00 and a beta of 1.06. The company’s fifty day simple moving average is $98.54 and its 200-day simple moving average is $96.47. iShares Russell Mid-Cap ETF has a 52 week low of $73.17 and a 52 week high of $101.73.

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.