Earnest Partners LLC Sells 5,858 Shares of iShares Russell Mid-Cap ETF $IWR

Earnest Partners LLC cut its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 27.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,169 shares of the company’s stock after selling 5,858 shares during the quarter. Earnest Partners LLC’s holdings in iShares Russell Mid-Cap ETF were worth $1,465,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Welch & Forbes LLC increased its position in shares of iShares Russell Mid-Cap ETF by 0.5% in the third quarter. Welch & Forbes LLC now owns 22,832 shares of the company’s stock valued at $2,204,000 after acquiring an additional 105 shares during the last quarter. Hollencrest Capital Management boosted its position in iShares Russell Mid-Cap ETF by 1.7% during the third quarter. Hollencrest Capital Management now owns 6,226 shares of the company’s stock valued at $601,000 after purchasing an additional 106 shares during the last quarter. Cornerstone Wealth Management LLC grew its stake in iShares Russell Mid-Cap ETF by 0.5% in the third quarter. Cornerstone Wealth Management LLC now owns 21,223 shares of the company’s stock valued at $2,049,000 after purchasing an additional 114 shares in the last quarter. Objectivity Squared LLC increased its position in shares of iShares Russell Mid-Cap ETF by 3.7% during the 3rd quarter. Objectivity Squared LLC now owns 3,304 shares of the company’s stock worth $319,000 after purchasing an additional 117 shares during the last quarter. Finally, Advisor OS LLC increased its position in shares of iShares Russell Mid-Cap ETF by 1.8% during the 3rd quarter. Advisor OS LLC now owns 6,854 shares of the company’s stock worth $662,000 after purchasing an additional 118 shares during the last quarter. 80.16% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Stock Up 1.0%

Shares of iShares Russell Mid-Cap ETF stock opened at $98.02 on Tuesday. The stock has a market cap of $46.88 billion, a P/E ratio of 21.00 and a beta of 1.06. iShares Russell Mid-Cap ETF has a 12-month low of $73.17 and a 12-month high of $103.53. The business’s 50 day moving average is $100.68 and its 200-day moving average is $97.80.

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. The Index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000 Index. The Index includes equity securities issued by issuers, which range in size between approximately $1.7 billion and $12 billion, though these amounts may change from time to time.