Beacon Financial Advisory LLC Lowers Holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Beacon Financial Advisory LLC lowered its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 1.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,273 shares of the company’s stock after selling 142 shares during the quarter. Beacon Financial Advisory LLC’s holdings in iShares Russell Mid-Cap ETF were worth $908,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IWR. Legacy Investment Solutions LLC purchased a new stake in iShares Russell Mid-Cap ETF during the 3rd quarter valued at approximately $26,000. First Pacific Financial purchased a new position in iShares Russell Mid-Cap ETF during the fourth quarter valued at $27,000. Future Financial Wealth Managment LLC bought a new stake in iShares Russell Mid-Cap ETF in the 3rd quarter valued at $30,000. Hoese & Co LLP purchased a new stake in iShares Russell Mid-Cap ETF in the 4th quarter worth $32,000. Finally, Highline Wealth Partners LLC bought a new position in shares of iShares Russell Mid-Cap ETF during the 3rd quarter valued at about $41,000.

iShares Russell Mid-Cap ETF Trading Up 0.6 %

Shares of IWR stock opened at $92.55 on Thursday. The stock has a market capitalization of $38.23 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a 12-month low of $76.97 and a 12-month high of $96.00. The stock’s 50-day moving average price is $91.36 and its 200-day moving average price is $88.65.

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.