MBA Advisors LLC Reduces Stock Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

MBA Advisors LLC reduced its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 23.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,028 shares of the company’s stock after selling 4,965 shares during the period. MBA Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $1,417,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of IWR. Strategic Financial Concepts LLC boosted its stake in shares of iShares Russell Mid-Cap ETF by 9,889.6% during the fourth quarter. Strategic Financial Concepts LLC now owns 544,732 shares of the company’s stock valued at $48,154,000 after purchasing an additional 539,279 shares in the last quarter. International Assets Investment Management LLC boosted its position in iShares Russell Mid-Cap ETF by 15,459.0% during the 3rd quarter. International Assets Investment Management LLC now owns 479,217 shares of the company’s stock valued at $42,238,000 after acquiring an additional 476,137 shares in the last quarter. Proficio Capital Partners LLC purchased a new position in shares of iShares Russell Mid-Cap ETF in the 3rd quarter valued at $32,886,000. Factory Mutual Insurance Co. increased its holdings in shares of iShares Russell Mid-Cap ETF by 40.1% in the 3rd quarter. Factory Mutual Insurance Co. now owns 978,700 shares of the company’s stock valued at $86,263,000 after acquiring an additional 280,000 shares during the period. Finally, JPMorgan Chase & Co. raised its position in shares of iShares Russell Mid-Cap ETF by 2.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,059,914 shares of the company’s stock worth $622,261,000 after acquiring an additional 198,719 shares in the last quarter.

iShares Russell Mid-Cap ETF Price Performance

Shares of IWR stock opened at $92.16 on Monday. The stock’s 50-day moving average is $91.19 and its 200 day moving average is $88.79. iShares Russell Mid-Cap ETF has a 1-year low of $77.04 and a 1-year high of $96.00. The company has a market cap of $38.07 billion, a P/E ratio of 20.27 and a beta of 1.02.

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.