Madison Asset Management LLC Sells 15,848 Shares of iShares Russell Mid-Cap ETF $IWR

Madison Asset Management LLC lessened its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 61.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,754 shares of the company’s stock after selling 15,848 shares during the period. Madison Asset Management LLC’s holdings in iShares Russell Mid-Cap ETF were worth $948,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. NFSG Corp boosted its holdings in iShares Russell Mid-Cap ETF by 93.1% during the 1st quarter. NFSG Corp now owns 280 shares of the company’s stock valued at $27,000 after acquiring an additional 135 shares during the period. HFM Investment Advisors LLC purchased a new stake in iShares Russell Mid-Cap ETF in the fourth quarter worth $28,000. Frazier Financial Advisors LLC purchased a new stake in iShares Russell Mid-Cap ETF in the first quarter worth $31,000. Reflection Asset Management bought a new stake in shares of iShares Russell Mid-Cap ETF during the fourth quarter worth $33,000. Finally, Scarborough Advisors LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the first quarter valued at $38,000. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Down 0.1%

Shares of IWR opened at $109.23 on Thursday. The firm has a fifty day moving average price of $108.06 and a 200-day moving average price of $103.36. The firm has a market capitalization of $56.71 billion, a P/E ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a 12-month low of $91.36 and a 12-month high of $111.43.

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.