Bell Bank Decreases Holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Bell Bank decreased its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 5.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,842 shares of the company’s stock after selling 231 shares during the quarter. Bell Bank’s holdings in iShares Russell Mid-Cap ETF were worth $340,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Newbridge Financial Services Group Inc. bought a new stake in shares of iShares Russell Mid-Cap ETF in the 4th quarter worth approximately $25,000. Roxbury Financial LLC purchased a new position in iShares Russell Mid-Cap ETF in the 4th quarter worth $25,000. Legacy Investment Solutions LLC bought a new stake in iShares Russell Mid-Cap ETF in the third quarter worth $26,000. First Pacific Financial purchased a new stake in iShares Russell Mid-Cap ETF during the fourth quarter valued at about $27,000. Finally, Hoese & Co LLP purchased a new stake in iShares Russell Mid-Cap ETF during the fourth quarter valued at about $32,000.

iShares Russell Mid-Cap ETF Trading Down 2.2 %

IWR opened at $89.88 on Friday. iShares Russell Mid-Cap ETF has a 12 month low of $78.36 and a 12 month high of $96.00. The business’s 50-day moving average price is $90.83 and its 200-day moving average price is $89.29. The company has a market cap of $39.12 billion, a P/E ratio of 21.79 and a beta of 1.12.

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.