Beacon Pointe Advisors LLC Sells 22,816 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Beacon Pointe Advisors LLC trimmed its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 9.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 221,322 shares of the company’s stock after selling 22,816 shares during the period. Beacon Pointe Advisors LLC owned approximately 0.05% of iShares Russell Mid-Cap ETF worth $19,565,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Roxbury Financial LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF during the fourth quarter worth $25,000. Newbridge Financial Services Group Inc. acquired a new position in shares of iShares Russell Mid-Cap ETF in the 4th quarter valued at $25,000. First Pacific Financial bought a new position in iShares Russell Mid-Cap ETF during the fourth quarter worth about $27,000. Fairscale Capital LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter worth about $27,000. Finally, Hoese & Co LLP bought a new position in shares of iShares Russell Mid-Cap ETF during the 4th quarter valued at about $32,000.

iShares Russell Mid-Cap ETF Stock Performance

Shares of iShares Russell Mid-Cap ETF stock opened at $83.37 on Monday. The firm has a market cap of $38.05 billion, a PE ratio of 19.09 and a beta of 1.07. The business’s 50 day simple moving average is $84.20 and its 200 day simple moving average is $88.76. iShares Russell Mid-Cap ETF has a 52-week low of $73.17 and a 52-week 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.