NorthRock Partners LLC Cuts Stake in iShares Russell Mid-Cap ETF $IWR

NorthRock Partners LLC lessened its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 3.9% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 680,478 shares of the company’s stock after selling 27,291 shares during the quarter. iShares Russell Mid-Cap ETF accounts for 1.1% of NorthRock Partners LLC’s investment portfolio, making the stock its 21st biggest position. NorthRock Partners LLC’s holdings in iShares Russell Mid-Cap ETF were worth $75,070,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in IWR. Roxbury Financial LLC increased its holdings in shares of iShares Russell Mid-Cap ETF by 12.3% in the second quarter. Roxbury Financial LLC now owns 893 shares of the company’s stock worth $99,000 after buying an additional 98 shares during the period. Asset Management Group Inc. increased its stake in iShares Russell Mid-Cap ETF by 0.3% in the 1st quarter. Asset Management Group Inc. now owns 39,600 shares of the company’s stock worth $3,850,000 after purchasing an additional 102 shares during the period. Axis Wealth Partners LLC lifted its position in iShares Russell Mid-Cap ETF by 1.7% in the first quarter. Axis Wealth Partners LLC now owns 6,282 shares of the company’s stock valued at $611,000 after purchasing an additional 108 shares during the last quarter. Farmers National Bank boosted its stake in shares of iShares Russell Mid-Cap ETF by 0.6% during the first quarter. Farmers National Bank now owns 20,278 shares of the company’s stock valued at $1,972,000 after purchasing an additional 118 shares during the period. Finally, Walled Lake Planning & Wealth Management LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 1.6% in the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 7,751 shares of the company’s stock worth $746,000 after purchasing an additional 119 shares during the last quarter. 80.16% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Stock Down 0.8%

NYSEARCA:IWR opened at $110.95 on Wednesday. The firm has a market capitalization of $56.27 billion, a P/E ratio of 21.00 and a beta of 1.00. The company has a fifty day moving average of $111.34 and a 200 day moving average of $106.16. iShares Russell Mid-Cap ETF has a 52 week low of $91.64 and a 52 week high of $114.97.

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. 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.