Evernest Financial Advisors LLC Decreases Position in iShares Russell Mid-Cap ETF $IWR

Evernest Financial Advisors LLC lessened its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 32.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 15,912 shares of the company’s stock after selling 7,595 shares during the quarter. Evernest Financial Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $1,625,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. HFM Investment Advisors LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the 4th quarter valued at $28,000. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of iShares Russell Mid-Cap ETF during the 3rd quarter valued at $32,000. Smartleaf Asset Management LLC lifted its holdings in shares of iShares Russell Mid-Cap ETF by 192.0% during the 3rd quarter. Smartleaf Asset Management LLC now owns 400 shares of the company’s stock valued at $39,000 after purchasing an additional 263 shares during the last quarter. Commonwealth Retirement Investments LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the 4th quarter valued at $41,000. Finally, Dorato Capital Management purchased a new stake in shares of iShares Russell Mid-Cap ETF during the 4th quarter valued at $43,000. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Up 0.9%

Shares of IWR opened at $108.72 on Friday. iShares Russell Mid-Cap ETF has a 12 month low of $88.83 and a 12 month high of $109.08. The stock has a fifty day moving average price of $104.38 and a 200-day moving average price of $100.87. The firm has a market cap of $54.69 billion, a PE ratio of 21.00 and a beta of 1.00.

iShares Russell Mid-Cap ETF 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.