Madison Asset Management LLC Sells 15,848 Shares of iShares Russell Mid-Cap ETF $IWR

Madison Asset Management LLC trimmed its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 61.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,754 shares of the company’s stock after selling 15,848 shares during the quarter. Madison Asset Management LLC’s holdings in iShares Russell Mid-Cap ETF were worth $948,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. NFSG Corp raised its holdings in shares of iShares Russell Mid-Cap ETF by 93.1% in the first quarter. NFSG Corp now owns 280 shares of the company’s stock valued at $27,000 after acquiring an additional 135 shares in the last quarter. HFM Investment Advisors LLC purchased a new stake in iShares Russell Mid-Cap ETF in the fourth quarter worth about $28,000. Frazier Financial Advisors LLC bought a new position in iShares Russell Mid-Cap ETF during the 1st quarter worth about $31,000. Reflection Asset Management bought a new position in iShares Russell Mid-Cap ETF during the 4th quarter worth about $33,000. Finally, Scarborough Advisors LLC purchased a new position in iShares Russell Mid-Cap ETF during the 1st quarter valued at about $38,000. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

NYSEARCA:IWR opened at $109.23 on Thursday. The firm has a 50-day simple moving average of $108.06 and a 200-day simple moving average of $103.36. iShares Russell Mid-Cap ETF has a one year low of $91.36 and a one year high of $111.43. The firm has a market cap of $56.71 billion, a P/E ratio of 21.00 and a beta of 1.00.

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.