Roan Capital Partners Decreases Stock Position in iShares Russell Mid-Cap ETF $IWR

Roan Capital Partners trimmed its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 39.7% in the 2nd quarter, Holdings Channel reports. The firm owned 7,130 shares of the company’s stock after selling 4,699 shares during the period. Roan Capital Partners’ holdings in iShares Russell Mid-Cap ETF were worth $787,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. NFSG Corp lifted its holdings in iShares Russell Mid-Cap ETF by 93.1% in the 1st quarter. NFSG Corp now owns 280 shares of the company’s stock valued at $27,000 after purchasing an additional 135 shares in the last quarter. HFM Investment Advisors LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the fourth quarter worth $28,000. Frazier Financial Advisors LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF in the first quarter valued at about $31,000. Reflection Asset Management acquired a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at about $33,000. Finally, Scarborough Advisors LLC purchased a new position in shares of iShares Russell Mid-Cap ETF in the first quarter worth about $38,000. 80.16% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Trading Up 1.2%

IWR opened at $113.11 on Friday. iShares Russell Mid-Cap ETF has a twelve month low of $91.64 and a twelve month high of $113.39. The firm has a market capitalization of $57.37 billion, a PE ratio of 21.00 and a beta of 1.00. The firm’s 50-day moving average price is $109.35 and its 200 day moving average price is $104.27.

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.