ARS Wealth Advisors Group LLC Trims Stock Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

ARS Wealth Advisors Group LLC lessened its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 15.0% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 3,494 shares of the company’s stock after selling 618 shares during the quarter. ARS Wealth Advisors Group LLC’s holdings in iShares Russell Mid-Cap ETF were worth $283,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in IWR. US Bancorp DE grew its stake in shares of iShares Russell Mid-Cap ETF by 1.8% in the fourth quarter. US Bancorp DE now owns 21,262,137 shares of the company’s stock worth $1,652,718,000 after acquiring an additional 378,904 shares in the last quarter. Jones Financial Companies Lllp grew its stake in shares of iShares Russell Mid-Cap ETF by 3.5% during the fourth quarter. Jones Financial Companies Lllp now owns 20,399,582 shares of the company’s stock worth $1,585,660,000 after purchasing an additional 695,205 shares in the last quarter. Northern Trust Corp grew its stake in shares of iShares Russell Mid-Cap ETF by 2.4% during the fourth quarter. Northern Trust Corp now owns 9,093,647 shares of the company’s stock worth $706,849,000 after purchasing an additional 212,522 shares in the last quarter. Bank of New York Mellon Corp grew its stake in shares of iShares Russell Mid-Cap ETF by 3.2% during the first quarter. Bank of New York Mellon Corp now owns 7,954,498 shares of the company’s stock worth $668,894,000 after purchasing an additional 246,062 shares in the last quarter. Finally, Baird Financial Group Inc. grew its stake in shares of iShares Russell Mid-Cap ETF by 28.3% during the fourth quarter. Baird Financial Group Inc. now owns 7,802,114 shares of the company’s stock worth $606,458,000 after purchasing an additional 1,722,388 shares in the last quarter.

iShares Russell Mid-Cap ETF Price Performance

Shares of NYSEARCA:IWR traded up $0.23 on Friday, reaching $84.32. The company’s stock had a trading volume of 969,257 shares, compared to its average volume of 1,285,424. The stock’s 50-day moving average is $82.17 and its two-hundred day moving average is $81.44. iShares Russell Mid-Cap ETF has a 52-week low of $64.66 and a 52-week high of $85.86. The stock has a market capitalization of $34.83 billion, a P/E ratio of 20.27 and a beta of 1.02.

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.