Valeo Financial Advisors LLC Lowers Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Valeo Financial Advisors LLC lessened its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 1.3% in the first quarter, HoldingsChannel reports. The firm owned 26,080 shares of the company’s stock after selling 353 shares during the quarter. Valeo Financial Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $2,219,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC raised its stake in shares of iShares Russell Mid-Cap ETF by 4.2% in the fourth quarter. Brighton Jones LLC now owns 104,524 shares of the company’s stock worth $9,240,000 after purchasing an additional 4,189 shares during the last quarter. Revolve Wealth Partners LLC purchased a new position in shares of iShares Russell Mid-Cap ETF in the fourth quarter worth $323,000. Assetmark Inc. raised its stake in shares of iShares Russell Mid-Cap ETF by 52.7% in the fourth quarter. Assetmark Inc. now owns 2,938 shares of the company’s stock worth $260,000 after purchasing an additional 1,014 shares during the last quarter. Personal CFO Solutions LLC purchased a new position in shares of iShares Russell Mid-Cap ETF in the fourth quarter worth $307,000. Finally, Davis R M Inc. raised its stake in shares of iShares Russell Mid-Cap ETF by 1.5% in the fourth quarter. Davis R M Inc. now owns 18,173 shares of the company’s stock worth $1,606,000 after purchasing an additional 275 shares during the last quarter. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

IWR stock opened at $93.15 on Wednesday. iShares Russell Mid-Cap ETF has a 1-year low of $73.17 and a 1-year high of $96.01. The business has a fifty day moving average price of $89.47 and a 200-day moving average price of $87.96. The stock has a market capitalization of $42.75 billion, a P/E ratio of 21.00 and a beta of 1.09.

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.