Wealthfront Advisers LLC Has $1.67 Million Stock Position in iShares Russell Mid-Cap ETF $IWR

Wealthfront Advisers LLC reduced its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 17.8% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 18,134 shares of the company’s stock after selling 3,933 shares during the period. Wealthfront Advisers LLC’s holdings in iShares Russell Mid-Cap ETF were worth $1,668,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of IWR. Riggs Asset Managment Co. Inc. acquired a new stake in iShares Russell Mid-Cap ETF in the 1st quarter valued at about $28,000. Advantage Trust Co acquired a new stake in iShares Russell Mid-Cap ETF in the 2nd quarter valued at about $28,000. N.E.W. Advisory Services LLC acquired a new stake in iShares Russell Mid-Cap ETF in the 1st quarter valued at about $30,000. Rossby Financial LCC acquired a new stake in iShares Russell Mid-Cap ETF in the 1st quarter valued at about $31,000. Finally, Physician Wealth Advisors Inc. acquired a new stake in iShares Russell Mid-Cap ETF in the 1st quarter valued at about $36,000. 80.16% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Stock Performance

Shares of NYSEARCA:IWR opened at $95.07 on Friday. The company has a market capitalization of $44.58 billion, a P/E ratio of 21.00 and a beta of 1.06. iShares Russell Mid-Cap ETF has a 52-week low of $73.17 and a 52-week high of $97.87. The company has a 50-day simple moving average of $96.23 and a 200 day simple moving average of $92.13.

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.