Rhumbline Advisers Trims Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Rhumbline Advisers decreased its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 27.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,741 shares of the company’s stock after selling 4,481 shares during the quarter. Rhumbline Advisers’ holdings in iShares Russell Mid-Cap ETF were worth $1,038,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of IWR. Heritage Financial Services LLC grew its holdings in 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 in the last quarter. Certified Advisory Corp boosted its position in shares of 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 acquiring an additional 115 shares during the last quarter. Meridian Financial Partners LLC boosted its position in shares of iShares Russell Mid-Cap ETF by 0.5% during the fourth quarter. Meridian Financial Partners LLC now owns 23,482 shares of the company’s stock worth $2,076,000 after acquiring an additional 116 shares during the last quarter. Raleigh Capital Management Inc. boosted its position in shares of iShares Russell Mid-Cap ETF by 28.1% during the fourth quarter. Raleigh Capital Management Inc. now owns 534 shares of the company’s stock worth $47,000 after acquiring an additional 117 shares during the last quarter. Finally, Sunbelt Securities Inc. boosted its position in shares of iShares Russell Mid-Cap ETF by 1.0% during the third quarter. Sunbelt Securities Inc. now owns 12,618 shares of the company’s stock worth $1,112,000 after acquiring an additional 121 shares during the last quarter.

iShares Russell Mid-Cap ETF Stock Performance

Shares of NYSEARCA:IWR opened at $87.76 on Thursday. The firm has a fifty day moving average price of $90.59 and a 200 day moving average price of $89.76. iShares Russell Mid-Cap ETF has a fifty-two week low of $78.36 and a fifty-two week high of $96.00. The firm has a market cap of $38.20 billion, a price-to-earnings ratio of 21.79 and a beta of 1.12.

iShares Russell Mid-Cap ETF Company 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.