iShares Russell Mid-Cap ETF $IWR is Life Line Wealth Management LLC’s 9th Largest Position

Life Line Wealth Management LLC reduced its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 12.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,980 shares of the company’s stock after selling 4,545 shares during the period. iShares Russell Mid-Cap ETF accounts for 1.0% of Life Line Wealth Management LLC’s holdings, making the stock its 9th biggest holding. Life Line Wealth Management LLC’s holdings in iShares Russell Mid-Cap ETF were worth $2,941,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. Jones Financial Companies Lllp grew its stake in iShares Russell Mid-Cap ETF by 6.9% in the 1st quarter. Jones Financial Companies Lllp now owns 66,497,354 shares of the company’s stock worth $5,628,396,000 after acquiring an additional 4,290,076 shares in the last quarter. US Bancorp DE grew its stake in iShares Russell Mid-Cap ETF by 2.2% in the 1st quarter. US Bancorp DE now owns 19,325,451 shares of the company’s stock worth $1,644,034,000 after acquiring an additional 418,491 shares in the last quarter. Northern Trust Corp grew its stake in iShares Russell Mid-Cap ETF by 0.8% in the 1st quarter. Northern Trust Corp now owns 9,371,071 shares of the company’s stock worth $797,197,000 after acquiring an additional 75,638 shares in the last quarter. Baird Financial Group Inc. grew its stake in iShares Russell Mid-Cap ETF by 1.8% in the 1st quarter. Baird Financial Group Inc. now owns 8,218,663 shares of the company’s stock worth $699,162,000 after acquiring an additional 142,576 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its stake in iShares Russell Mid-Cap ETF by 11.7% in the 1st quarter. Bank of New York Mellon Corp now owns 8,018,338 shares of the company’s stock worth $682,120,000 after acquiring an additional 840,839 shares in the last quarter. 80.16% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap ETF Price Performance

Shares of IWR stock opened at $96.71 on Friday. The company has a market capitalization of $44.49 billion, a P/E ratio of 21.00 and a beta of 1.09. The company’s 50-day simple moving average is $94.56 and its two-hundred day simple moving average is $89.24. iShares Russell Mid-Cap ETF has a one year low of $73.17 and a one year high of $97.59.

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.