Nvest Financial LLC Sells 808 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Nvest Financial LLC reduced its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.0% in the third quarter, Holdings Channel reports. The firm owned 38,710 shares of the company’s stock after selling 808 shares during the period. iShares Russell Mid-Cap ETF accounts for approximately 1.9% of Nvest Financial LLC’s holdings, making the stock its 13th largest position. Nvest Financial LLC’s holdings in iShares Russell Mid-Cap ETF were worth $3,412,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Comerica Bank lifted its holdings in shares of iShares Russell Mid-Cap ETF by 5.2% in the 4th quarter. Comerica Bank now owns 561,060 shares of the company’s stock worth $43,611,000 after buying an additional 27,625 shares during the period. Baird Financial Group Inc. raised its holdings in iShares Russell Mid-Cap ETF by 28.3% in the fourth quarter. Baird Financial Group Inc. now owns 7,802,114 shares of the company’s stock worth $606,458,000 after purchasing an additional 1,722,388 shares in the last quarter. Okabena Investment Services Inc. lifted its position in shares of iShares Russell Mid-Cap ETF by 9.4% during the fourth quarter. Okabena Investment Services Inc. now owns 11,650 shares of the company’s stock valued at $906,000 after buying an additional 1,000 shares during the last quarter. Voisard Asset Management Group Inc. bought a new stake in shares of iShares Russell Mid-Cap ETF in the 4th quarter valued at about $158,000. Finally, Clarity Capital Partners LLC bought a new position in shares of iShares Russell Mid-Cap ETF during the 4th quarter worth approximately $431,000.

iShares Russell Mid-Cap ETF Price Performance

NYSEARCA IWR traded up $0.90 on Friday, hitting $88.68. The stock had a trading volume of 386,409 shares, compared to its average volume of 1,220,415. iShares Russell Mid-Cap ETF has a 52-week low of $64.66 and a 52-week high of $88.96. The business’s fifty day moving average price is $85.44 and its 200 day moving average price is $83.12. The stock has a market cap of $36.63 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02.

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.