iShares Russell Mid-Cap ETF $IWR Shares Sold by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. lessened its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 44.3% in the 4th quarter, Holdings Channel reports. The firm owned 305,464 shares of the company’s stock after selling 242,499 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $29,406,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Piscataqua Savings Bank increased its holdings in iShares Russell Mid-Cap ETF by 11.1% in the 4th quarter. Piscataqua Savings Bank now owns 1,000 shares of the company’s stock valued at $96,000 after purchasing an additional 100 shares during the last quarter. Welch & Forbes LLC increased its holdings in iShares Russell Mid-Cap ETF by 0.5% in the 3rd quarter. Welch & Forbes LLC now owns 22,832 shares of the company’s stock valued at $2,204,000 after purchasing an additional 105 shares during the last quarter. Hollencrest Capital Management increased its holdings in iShares Russell Mid-Cap ETF by 1.7% in the 3rd 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 increased its holdings in iShares Russell Mid-Cap ETF by 0.5% in the 3rd 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 during the last quarter. Finally, Objectivity Squared LLC increased its holdings in iShares Russell Mid-Cap ETF by 3.7% in the 3rd quarter. Objectivity Squared LLC now owns 3,304 shares of the company’s stock valued at $319,000 after purchasing an additional 117 shares during the last quarter. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

iShares Russell Mid-Cap ETF stock opened at $104.74 on Thursday. iShares Russell Mid-Cap ETF has a fifty-two week low of $86.89 and a fifty-two week high of $106.43. The firm has a 50 day moving average price of $100.78 and a 200 day moving average price of $99.17. The company has a market capitalization of $52.68 billion, a PE ratio of 21.00 and a beta of 1.01.

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.