Earnest Partners LLC Cuts Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Earnest Partners LLC cut its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 94.4% in the 1st quarter, HoldingsChannel.com reports. The firm owned 6,366 shares of the company’s stock after selling 106,428 shares during the period. Earnest Partners LLC’s holdings in iShares Russell Mid-Cap ETF were worth $535,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. LifeSteps Financial Inc. bought a new stake in iShares Russell Mid-Cap ETF in the first quarter worth $25,000. Aspire Private Capital LLC bought a new stake in iShares Russell Mid-Cap ETF in the fourth quarter worth $27,000. Future Financial Wealth Managment LLC bought a new stake in iShares Russell Mid-Cap ETF in the first quarter worth $29,000. Criterion Capital Advisors LLC bought a new stake in iShares Russell Mid-Cap ETF in the fourth quarter worth $32,000. Finally, Financial Synergies Wealth Advisors Inc. lifted its stake in iShares Russell Mid-Cap ETF by 120.9% in the first quarter. Financial Synergies Wealth Advisors Inc. now owns 380 shares of the company’s stock worth $32,000 after purchasing an additional 208 shares during the last quarter.

iShares Russell Mid-Cap ETF Stock Up 0.3 %

Shares of NYSEARCA:IWR traded up $0.28 during midday trading on Tuesday, hitting $84.57. 722,958 shares of the stock traded hands, compared to its average volume of 1,264,974. The stock has a market capitalization of $34.94 billion, a PE ratio of 20.27 and a beta of 1.02. The business’s 50 day moving average is $81.94 and its two-hundred day moving average is $80.90. iShares Russell Mid-Cap ETF has a one year low of $64.66 and a one year high of $85.44.

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.