JPMorgan Chase & Co. Sells 177,140 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

JPMorgan Chase & Co. cut its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,882,774 shares of the company’s stock after selling 177,140 shares during the period. JPMorgan Chase & Co. owned about 1.67% of iShares Russell Mid-Cap ETF worth $608,437,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Roxbury Financial LLC bought a new position in shares of iShares Russell Mid-Cap ETF during the fourth quarter valued at about $25,000. Legacy Investment Solutions LLC bought a new position in shares of iShares Russell Mid-Cap ETF during the 3rd quarter worth approximately $26,000. Newbridge Financial Services Group Inc. purchased a new position in shares of iShares Russell Mid-Cap ETF in the 4th quarter worth approximately $25,000. First Pacific Financial bought a new position in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at approximately $27,000. Finally, Fairscale Capital LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the fourth quarter valued at approximately $27,000.

iShares Russell Mid-Cap ETF Trading Down 1.7 %

Shares of iShares Russell Mid-Cap ETF stock opened at $84.63 on Friday. The firm has a market capitalization of $37.87 billion, a P/E ratio of 20.81 and a beta of 1.13. The business’s fifty day simple moving average is $89.34 and its 200 day simple moving average is $89.75. iShares Russell Mid-Cap ETF has a 12 month low of $78.36 and a 12 month high of $96.01.

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.