Lowe Brockenbrough & Co. Inc. Reduces Stock Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Lowe Brockenbrough & Co. Inc. decreased its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 3.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,183 shares of the company’s stock after selling 625 shares during the quarter. Lowe Brockenbrough & Co. Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $1,519,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IWR. Jones Financial Companies Lllp grew its holdings in iShares Russell Mid-Cap ETF by 44.7% in the 4th quarter. Jones Financial Companies Lllp now owns 62,207,278 shares of the company’s stock valued at $5,499,123,000 after buying an additional 19,216,938 shares during the period. Raymond James Financial Inc. purchased a new stake in iShares Russell Mid-Cap ETF in the 4th quarter valued at about $237,761,000. Strategic Financial Concepts LLC grew its holdings in iShares Russell Mid-Cap ETF by 9,889.6% in the 4th quarter. Strategic Financial Concepts LLC now owns 544,732 shares of the company’s stock valued at $48,154,000 after buying an additional 539,279 shares during the period. Atlas Legacy Advisors LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the 4th quarter worth about $24,598,000. Finally, JPMorgan Chase & Co. grew its holdings in shares of iShares Russell Mid-Cap ETF by 2.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 7,059,914 shares of the company’s stock worth $622,261,000 after purchasing an additional 198,719 shares during the period.

iShares Russell Mid-Cap ETF Stock Performance

Shares of NYSEARCA:IWR opened at $85.54 on Friday. iShares Russell Mid-Cap ETF has a 1 year low of $78.36 and a 1 year high of $96.01. The stock has a market capitalization of $37.48 billion, a P/E ratio of 20.66 and a beta of 1.13. The stock has a 50-day simple moving average of $89.71 and a 200-day simple moving average of $89.69.

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.