iShares Russell Mid-Cap ETF (NYSEARCA:IWR) Stock Holdings Cut by Alerus Financial NA

Alerus Financial NA lessened its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 1.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 395,500 shares of the company’s stock after selling 4,388 shares during the quarter. iShares Russell Mid-Cap ETF makes up about 2.7% of Alerus Financial NA’s portfolio, making the stock its 10th biggest holding. Alerus Financial NA owned 0.10% of iShares Russell Mid-Cap ETF worth $34,962,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of the company. Newbridge Financial Services Group Inc. purchased a new stake in iShares Russell Mid-Cap ETF in the fourth quarter valued at approximately $25,000. Roxbury Financial LLC acquired a new stake in iShares Russell Mid-Cap ETF during the 4th quarter valued at $25,000. Legacy Investment Solutions LLC purchased a new position in shares of iShares Russell Mid-Cap ETF during the 3rd quarter worth $26,000. First Pacific Financial acquired a new stake in iShares Russell Mid-Cap ETF in the 4th quarter worth about $27,000. Finally, Fairscale Capital LLC acquired a new position in iShares Russell Mid-Cap ETF during the fourth quarter worth approximately $27,000.

iShares Russell Mid-Cap ETF Stock Performance

NYSEARCA IWR opened at $86.06 on Friday. iShares Russell Mid-Cap ETF has a one year low of $78.36 and a one year high of $96.01. The firm has a market capitalization of $38.51 billion, a price-to-earnings ratio of 20.81 and a beta of 1.13. The company’s 50 day moving average price is $89.48 and its 200 day moving average price is $89.75.

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.