Sigma Investment Counselors Inc. Reduces Stock Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Sigma Investment Counselors Inc. reduced its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 0.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 264,962 shares of the company’s stock after selling 1,862 shares during the period. iShares Russell Mid-Cap ETF makes up 1.4% of Sigma Investment Counselors Inc.’s portfolio, making the stock its 20th largest holding. Sigma Investment Counselors Inc. owned approximately 0.06% of iShares Russell Mid-Cap ETF worth $23,423,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Heritage Financial Services LLC lifted its holdings in iShares Russell Mid-Cap ETF by 4.9% during the 4th quarter. Heritage Financial Services LLC now owns 2,397 shares of the company’s stock valued at $212,000 after buying an additional 112 shares in the last quarter. Certified Advisory Corp lifted its holdings in iShares Russell Mid-Cap ETF by 1.1% during the 4th quarter. Certified Advisory Corp now owns 10,159 shares of the company’s stock valued at $898,000 after buying an additional 115 shares in the last quarter. Meridian Financial Partners LLC lifted its holdings in iShares Russell Mid-Cap ETF by 0.5% during the 4th quarter. Meridian Financial Partners LLC now owns 23,482 shares of the company’s stock valued at $2,076,000 after buying an additional 116 shares in the last quarter. Raleigh Capital Management Inc. raised its holdings in shares of iShares Russell Mid-Cap ETF by 28.1% in the 4th quarter. Raleigh Capital Management Inc. now owns 534 shares of the company’s stock valued at $47,000 after purchasing an additional 117 shares in the last quarter. Finally, Sunbelt Securities Inc. raised its holdings in shares of iShares Russell Mid-Cap ETF by 1.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 12,618 shares of the company’s stock valued at $1,112,000 after purchasing an additional 121 shares in the last quarter.

iShares Russell Mid-Cap ETF Stock Performance

NYSEARCA:IWR opened at $89.88 on Friday. iShares Russell Mid-Cap ETF has a one year low of $78.36 and a one year high of $96.00. The firm has a market cap of $39.12 billion, a P/E ratio of 21.79 and a beta of 1.12. The firm has a 50-day simple moving average of $90.77 and a 200-day simple moving average of $89.42.

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.