Sawgrass Asset Management LLC Grows Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Sawgrass Asset Management LLC grew its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 17.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 124,214 shares of the company’s stock after buying an additional 18,896 shares during the quarter. Sawgrass Asset Management LLC’s holdings in iShares Russell Mid-Cap ETF were worth $9,655,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Baystate Wealth Management LLC grew its stake in iShares Russell Mid-Cap ETF by 3.2% during the 4th quarter. Baystate Wealth Management LLC now owns 648,382 shares of the company’s stock worth $50,399,000 after purchasing an additional 20,400 shares in the last quarter. NBW Capital LLC acquired a new position in iShares Russell Mid-Cap ETF in the 4th quarter valued at $298,000. Park Place Capital Corp raised its holdings in iShares Russell Mid-Cap ETF by 30.9% during the fourth quarter. Park Place Capital Corp now owns 4,144 shares of the company’s stock worth $322,000 after purchasing an additional 979 shares in the last quarter. Natixis Advisors L.P. lifted its holdings in shares of iShares Russell Mid-Cap ETF by 1,673.5% in the 3rd quarter. Natixis Advisors L.P. now owns 1,032,192 shares of the company’s stock valued at $71,479,000 after buying an additional 973,991 shares during the period. Finally, First Horizon Advisors Inc. grew its stake in shares of iShares Russell Mid-Cap ETF by 3.1% during the 4th quarter. First Horizon Advisors Inc. now owns 128,365 shares of the company’s stock worth $9,978,000 after purchasing an additional 3,878 shares during the period.

iShares Russell Mid-Cap ETF Trading Down 0.3 %

Shares of NYSEARCA:IWR traded down $0.21 during midday trading on Wednesday, hitting $81.56. 1,856,737 shares of the stock were exchanged, compared to its average volume of 1,408,761. The company has a 50 day moving average price of $81.51 and a 200-day moving average price of $77.00. iShares Russell Mid-Cap ETF has a twelve month low of $64.66 and a twelve month high of $84.33. The stock has a market cap of $33.60 billion, a P/E ratio of 19.78 and a beta of 1.02.

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.