iShares Russell Mid-Cap ETF (NYSEARCA:IWR) Shares Sold by Sawgrass Asset Management LLC

Sawgrass Asset Management LLC reduced its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 4.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 90,849 shares of the company’s stock after selling 4,037 shares during the quarter. Sawgrass Asset Management LLC’s holdings in iShares Russell Mid-Cap ETF were worth $8,007,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Cambridge Trust Co. boosted its holdings in shares of iShares Russell Mid-Cap ETF by 2.8% in the 1st quarter. Cambridge Trust Co. now owns 8,344 shares of the company’s stock valued at $702,000 after purchasing an additional 224 shares during the last quarter. LRI Investments LLC purchased a new stake in iShares Russell Mid-Cap ETF during the first quarter valued at about $120,000. Gradient Investments LLC grew its position in iShares Russell Mid-Cap ETF by 358.6% during the second quarter. Gradient Investments LLC now owns 12,414 shares of the company’s stock valued at $1,007,000 after acquiring an additional 9,707 shares during the period. Motiv8 Investments LLC increased its stake in iShares Russell Mid-Cap ETF by 9.4% during the second quarter. Motiv8 Investments LLC now owns 30,329 shares of the company’s stock worth $2,459,000 after acquiring an additional 2,609 shares during the last quarter. Finally, LPL Financial LLC raised its holdings in shares of iShares Russell Mid-Cap ETF by 2.8% in the 2nd quarter. LPL Financial LLC now owns 3,130,891 shares of the company’s stock worth $253,853,000 after purchasing an additional 84,394 shares during the period.

iShares Russell Mid-Cap ETF Stock Performance

Shares of NYSEARCA:IWR opened at $91.14 on Friday. The stock has a 50-day simple moving average of $88.51 and a 200-day simple moving average of $84.68. The stock has a market capitalization of $37.65 billion, a P/E ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a 1 year low of $70.31 and a 1 year high of $93.85.

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.