Nwam LLC Decreases Stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Nwam LLC reduced its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 3.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 97,808 shares of the company’s stock after selling 3,969 shares during the period. Nwam LLC’s holdings in iShares Russell Mid-Cap ETF were worth $8,646,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in IWR. Patriot Financial Group Insurance Agency LLC lifted its position in shares of iShares Russell Mid-Cap ETF by 8.6% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 4,595 shares of the company’s stock worth $405,000 after buying an additional 362 shares in the last quarter. Farmers & Merchants Investments Inc. lifted its position in shares of iShares Russell Mid-Cap ETF by 18.8% in the third quarter. Farmers & Merchants Investments Inc. now owns 42,232 shares of the company’s stock worth $3,722,000 after buying an additional 6,692 shares in the last quarter. Valmark Advisers Inc. raised its position in iShares Russell Mid-Cap ETF by 3.7% during the third quarter. Valmark Advisers Inc. now owns 27,542 shares of the company’s stock valued at $2,428,000 after purchasing an additional 982 shares during the period. Highline Wealth Partners LLC purchased a new stake in iShares Russell Mid-Cap ETF during the third quarter valued at approximately $41,000. Finally, First Trust Direct Indexing L.P. purchased a new stake in iShares Russell Mid-Cap ETF during the third quarter valued at approximately $217,000.

iShares Russell Mid-Cap ETF Price Performance

Shares of IWR stock opened at $89.41 on Thursday. iShares Russell Mid-Cap ETF has a 1 year low of $78.36 and a 1 year high of $96.00. The stock’s 50 day simple moving average is $90.71 and its two-hundred day simple moving average is $89.59. The company has a market cap of $38.92 billion, a PE ratio of 21.79 and a beta of 1.12.

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.