iShares Russell Mid-Cap ETF $IWR Stock Sold by Fifth Third Securities Inc.

Fifth Third Securities Inc. cut its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 54.9% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 123,695 shares of the company’s stock after selling 150,324 shares during the quarter. Fifth Third Securities Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $13,200,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Sowell Financial Services LLC bought a new stake in iShares Russell Mid-Cap ETF during the third quarter worth $3,686,000. Quadrant Capital Group LLC purchased a new position in iShares Russell Mid-Cap ETF in the third quarter valued at approximately $4,671,000. Kirr Marbach & Co. LLC IN purchased a new position in iShares Russell Mid-Cap ETF in the third quarter valued at approximately $534,000. Bell Bank bought a new position in shares of iShares Russell Mid-Cap ETF during the 3rd quarter worth $410,000. Finally, Physician Wealth Advisors Inc. lifted its holdings in iShares Russell Mid-Cap ETF by 1,828.6% during the third quarter. Physician Wealth Advisors Inc. now owns 405 shares of the company’s stock valued at $43,000 after purchasing an additional 384 shares during the last quarter. 80.16% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap ETF Trading Up 0.7%

Shares of IWR stock traded up $0.73 during trading on Wednesday, reaching $110.33. 782,670 shares of the company’s stock traded hands, compared to its average volume of 2,183,766. The firm’s 50-day moving average is $110.32 and its 200 day moving average is $108.14. The company has a market capitalization of $57.25 billion, a P/E ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a 1 year low of $91.64 and a 1 year 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.