iShares Russell Mid-Cap ETF (NYSEARCA:IWR) Stake Lessened by Linscomb Wealth Inc.

Linscomb Wealth Inc. decreased its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 1.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 17,556 shares of the company’s stock after selling 224 shares during the quarter. Linscomb Wealth Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $1,552,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. acquired a new stake in iShares Russell Mid-Cap ETF in the 4th quarter valued at about $25,000. Roxbury Financial LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the 4th quarter worth approximately $25,000. Legacy Investment Solutions LLC acquired a new stake in iShares Russell Mid-Cap ETF during the third quarter valued at approximately $26,000. First Pacific Financial bought a new stake in iShares Russell Mid-Cap ETF during the fourth quarter worth approximately $27,000. Finally, Hoese & Co LLP acquired a new position in iShares Russell Mid-Cap ETF in the fourth quarter worth approximately $32,000.

iShares Russell Mid-Cap ETF Stock Performance

Shares of NYSEARCA:IWR opened at $89.46 on Friday. The company has a market capitalization of $38.94 billion, a PE ratio of 21.79 and a beta of 1.12. The stock has a fifty day moving average of $90.72 and a 200-day moving average of $89.63. iShares Russell Mid-Cap ETF has a one year low of $78.36 and a one year high of $96.00.

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.