Smith Salley Wealth Management Sells 224 Shares of iShares Russell Mid-Cap ETF $IWR

Smith Salley Wealth Management trimmed its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,829 shares of the company’s stock after selling 224 shares during the quarter. Smith Salley Wealth Management’s holdings in iShares Russell Mid-Cap ETF were worth $812,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of IWR. Brighton Jones LLC boosted its position 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 valued at $9,240,000 after acquiring an additional 4,189 shares during the period. Revolve Wealth Partners LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at approximately $323,000. Millennium Management LLC bought a new position in iShares Russell Mid-Cap ETF in the fourth quarter worth $415,000. AdvisorNet Financial Inc lifted its position in iShares Russell Mid-Cap ETF by 6.0% in the first quarter. AdvisorNet Financial Inc now owns 4,213 shares of the company’s stock worth $358,000 after purchasing an additional 237 shares during the period. Finally, GAMMA Investing LLC lifted its position in iShares Russell Mid-Cap ETF by 8,839.6% in the first quarter. GAMMA Investing LLC now owns 2,206,388 shares of the company’s stock worth $187,697,000 after purchasing an additional 2,181,707 shares during the period. 80.16% of the stock is owned by institutional investors.

iShares Russell Mid-Cap ETF Price Performance

Shares of IWR stock opened at $96.16 on Monday. The stock has a market cap of $44.23 billion, a P/E ratio of 21.00 and a beta of 1.09. iShares Russell Mid-Cap ETF has a one year low of $73.17 and a one year high of $97.59. The stock has a fifty day moving average price of $95.14 and a 200 day moving average price of $89.95.

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.