Alerus Financial NA Has $34.96 Million Holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Alerus Financial NA trimmed its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 1.1% during the fourth quarter, Holdings Channel reports. The firm owned 395,500 shares of the company’s stock after selling 4,388 shares during the quarter. iShares Russell Mid-Cap ETF comprises 2.7% of Alerus Financial NA’s portfolio, making the stock its 10th largest holding. Alerus Financial NA’s holdings in iShares Russell Mid-Cap ETF were worth $34,962,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. IFG Advisors LLC increased its stake in shares of iShares Russell Mid-Cap ETF by 0.7% during the fourth quarter. IFG Advisors LLC now owns 15,992 shares of the company’s stock valued at $1,414,000 after acquiring an additional 110 shares during the period. Heritage Financial Services LLC boosted its stake in shares of iShares Russell Mid-Cap ETF by 4.9% during the 4th quarter. Heritage Financial Services LLC now owns 2,397 shares of the company’s stock valued at $212,000 after buying an additional 112 shares during the period. Holistic Financial Partners increased its stake in shares of iShares Russell Mid-Cap ETF by 2.4% during the 4th quarter. Holistic Financial Partners now owns 4,712 shares of the company’s stock worth $417,000 after purchasing an additional 112 shares during the last quarter. Certified Advisory Corp boosted its position in iShares Russell Mid-Cap ETF by 1.1% during the fourth quarter. Certified Advisory Corp now owns 10,159 shares of the company’s stock worth $898,000 after purchasing an additional 115 shares during the period. Finally, Meridian Financial Partners LLC lifted its stake in shares of iShares Russell Mid-Cap ETF by 0.5% in the fourth quarter. Meridian Financial Partners LLC now owns 23,482 shares of the company’s stock worth $2,076,000 after buying an additional 116 shares during the last quarter.

iShares Russell Mid-Cap ETF Stock Down 0.7 %

Shares of NYSEARCA IWR opened at $86.06 on Friday. iShares Russell Mid-Cap ETF has a 12 month low of $78.36 and a 12 month high of $96.01. The company has a market cap of $38.51 billion, a P/E ratio of 20.81 and a beta of 1.13. The business’s 50 day moving average is $89.48 and its two-hundred day moving average is $89.75.

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.