Cahaba Wealth Management Inc. Trims Holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Cahaba Wealth Management Inc. reduced its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 6.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 59,907 shares of the company’s stock after selling 3,828 shares during the quarter. iShares Russell Mid-Cap ETF accounts for about 0.4% of Cahaba Wealth Management Inc.’s investment portfolio, making the stock its 23rd largest holding. Cahaba Wealth Management Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $5,280,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Mission Wealth Management LP raised its position in shares of iShares Russell Mid-Cap ETF by 22.1% during the 1st quarter. Mission Wealth Management LP now owns 8,749 shares of the company’s stock valued at $736,000 after acquiring an additional 1,584 shares in the last quarter. Mutual of America Capital Management LLC raised its position in shares of iShares Russell Mid-Cap ETF by 7.0% during the 1st quarter. Mutual of America Capital Management LLC now owns 9,035 shares of the company’s stock valued at $760,000 after acquiring an additional 595 shares in the last quarter. Cambridge Trust Co. increased its position in iShares Russell Mid-Cap ETF by 2.8% in the first quarter. Cambridge Trust Co. now owns 8,344 shares of the company’s stock worth $702,000 after buying an additional 224 shares during the period. LRI Investments LLC acquired a new stake in iShares Russell Mid-Cap ETF in the first quarter worth $120,000. Finally, Gradient Investments LLC increased its position in iShares Russell Mid-Cap ETF by 358.6% in the second quarter. Gradient Investments LLC now owns 12,414 shares of the company’s stock worth $1,007,000 after buying an additional 9,707 shares during the period.

iShares Russell Mid-Cap ETF Stock Performance

Shares of NYSEARCA:IWR traded up $0.32 on Friday, hitting $90.06. The company’s stock had a trading volume of 540,070 shares, compared to its average volume of 1,209,057. iShares Russell Mid-Cap ETF has a 12 month low of $64.66 and a 12 month high of $90.18. The company has a market capitalization of $37.20 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02. The stock’s 50-day moving average is $86.45 and its two-hundred day moving average is $83.38.

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.