Janney Montgomery Scott LLC Sells 5,775 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Janney Montgomery Scott LLC decreased its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 0.6% in the first quarter, HoldingsChannel reports. The fund owned 934,694 shares of the company’s stock after selling 5,775 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares Russell Mid-Cap ETF were worth $78,598,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Pathstone Holdings LLC bought a new stake in iShares Russell Mid-Cap ETF during the fourth quarter valued at about $157,496,000. Baird Financial Group Inc. increased its holdings in iShares Russell Mid-Cap ETF by 28.3% in the 4th quarter. Baird Financial Group Inc. now owns 7,802,114 shares of the company’s stock worth $606,458,000 after acquiring an additional 1,722,388 shares in the last quarter. Jones Financial Companies Lllp raised its stake in iShares Russell Mid-Cap ETF by 3.5% during the 4th quarter. Jones Financial Companies Lllp now owns 20,399,582 shares of the company’s stock worth $1,585,660,000 after acquiring an additional 695,205 shares during the period. Factory Mutual Insurance Co. lifted its holdings in iShares Russell Mid-Cap ETF by 34.5% during the fourth quarter. Factory Mutual Insurance Co. now owns 2,189,600 shares of the company’s stock valued at $170,198,000 after purchasing an additional 561,600 shares in the last quarter. Finally, Comerica Bank bought a new position in shares of iShares Russell Mid-Cap ETF in the third quarter worth approximately $36,940,000.

iShares Russell Mid-Cap ETF Price Performance

Shares of IWR stock traded down $0.15 on Friday, hitting $80.68. 802,450 shares of the stock traded hands, compared to its average volume of 1,272,378. The firm has a market cap of $33.33 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02. The firm has a 50 day simple moving average of $81.48 and a two-hundred day simple moving average of $80.17. iShares Russell Mid-Cap ETF has a 52 week low of $64.66 and a 52 week high of $84.33.

iShares Russell Mid-Cap ETF Company 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.