Chesapeake Wealth Management Sells 352 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Chesapeake Wealth Management cut its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 0.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 69,484 shares of the company’s stock after selling 352 shares during the quarter. iShares Russell Mid-Cap ETF accounts for 2.1% of Chesapeake Wealth Management’s investment portfolio, making the stock its 9th largest position. Chesapeake Wealth Management’s holdings in iShares Russell Mid-Cap ETF were worth $6,142,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. International Assets Investment Management LLC raised its holdings in shares of iShares Russell Mid-Cap ETF by 15,459.0% in the 3rd quarter. International Assets Investment Management LLC now owns 479,217 shares of the company’s stock valued at $42,238,000 after purchasing an additional 476,137 shares in the last quarter. Proficio Capital Partners LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF in the 3rd quarter valued at $32,886,000. Factory Mutual Insurance Co. grew its position in shares of iShares Russell Mid-Cap ETF by 40.1% in the 3rd quarter. Factory Mutual Insurance Co. now owns 978,700 shares of the company’s stock valued at $86,263,000 after buying an additional 280,000 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of iShares Russell Mid-Cap ETF in the 2nd quarter valued at $17,192,000. Finally, JPMorgan Chase & Co. grew its position in shares of iShares Russell Mid-Cap ETF by 2.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,059,914 shares of the company’s stock valued at $622,261,000 after buying an additional 198,719 shares during the last quarter.

iShares Russell Mid-Cap ETF Price Performance

NYSEARCA IWR opened at $91.60 on Tuesday. The firm’s fifty day moving average price is $91.56 and its 200 day moving average price is $87.84. The company has a market capitalization of $37.84 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a 12 month low of $75.15 and a 12 month high of $96.00.

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.