Salomon & Ludwin LLC Sells 229 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Salomon & Ludwin LLC cut its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 4.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 5,485 shares of the company’s stock after selling 229 shares during the period. Salomon & Ludwin LLC’s holdings in iShares Russell Mid-Cap ETF were worth $485,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWR. Strategic Financial Concepts LLC lifted its holdings in iShares Russell Mid-Cap ETF by 9,889.6% during the fourth quarter. Strategic Financial Concepts LLC now owns 544,732 shares of the company’s stock worth $48,154,000 after acquiring an additional 539,279 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in shares of iShares Russell Mid-Cap ETF by 15,459.0% in the third quarter. International Assets Investment Management LLC now owns 479,217 shares of the company’s stock valued at $42,238,000 after purchasing an additional 476,137 shares in the last quarter. Proficio Capital Partners LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the third quarter valued at about $32,886,000. JPMorgan Chase & Co. lifted its holdings in shares of iShares Russell Mid-Cap ETF by 2.9% in the third quarter. JPMorgan Chase & Co. now owns 7,059,914 shares of the company’s stock valued at $622,261,000 after purchasing an additional 198,719 shares in the last quarter. Finally, PFW Advisors LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at about $17,061,000.

iShares Russell Mid-Cap ETF Price Performance

Shares of iShares Russell Mid-Cap ETF stock opened at $92.30 on Friday. The firm has a market cap of $38.13 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02. The stock’s 50-day moving average is $90.95 and its 200-day moving average is $89.00. iShares Russell Mid-Cap ETF has a one year low of $78.36 and a one year high of $96.00.

iShares Russell Mid-Cap ETF 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.