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

Birch Hill Investment Advisors LLC reduced its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 22.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,876 shares of the company’s stock after selling 3,172 shares during the quarter. Birch Hill Investment Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $961,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Legacy Investment Solutions LLC acquired a new stake in iShares Russell Mid-Cap ETF in the 3rd quarter valued at approximately $26,000. First Pacific Financial bought a new position in shares of iShares Russell Mid-Cap ETF in the fourth quarter worth $27,000. Hoese & Co LLP acquired a new position in shares of iShares Russell Mid-Cap ETF during the fourth quarter valued at $32,000. Highline Wealth Partners LLC bought a new stake in shares of iShares Russell Mid-Cap ETF during the third quarter valued at about $41,000. Finally, Field & Main Bank bought a new stake in shares of iShares Russell Mid-Cap ETF during the fourth quarter valued at about $41,000.

iShares Russell Mid-Cap ETF Price Performance

IWR opened at $92.16 on Friday. The business has a 50 day moving average price of $91.19 and a two-hundred day moving average price of $88.76. The company has a market capitalization of $38.07 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a 1-year low of $77.04 and a 1-year high of $96.00.

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.