Sequoia Financial Advisors LLC Increases Stock Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Sequoia Financial Advisors LLC grew its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.3% during the first quarter, HoldingsChannel.com reports. The fund owned 45,160 shares of the company’s stock after buying an additional 1,010 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $3,798,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the stock. Pathstone Holdings LLC purchased a new position in shares of iShares Russell Mid-Cap ETF in the fourth quarter worth approximately $157,496,000. Baird Financial Group Inc. boosted its holdings in shares of iShares Russell Mid-Cap ETF by 28.3% in the fourth quarter. Baird Financial Group Inc. now owns 7,802,114 shares of the company’s stock worth $606,458,000 after buying an additional 1,722,388 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of iShares Russell Mid-Cap ETF by 3.5% in the fourth quarter. Jones Financial Companies Lllp now owns 20,399,582 shares of the company’s stock worth $1,585,660,000 after buying an additional 695,205 shares during the last quarter. Factory Mutual Insurance Co. boosted its holdings in shares of iShares Russell Mid-Cap ETF by 34.5% in the fourth quarter. Factory Mutual Insurance Co. now owns 2,189,600 shares of the company’s stock worth $170,198,000 after buying an additional 561,600 shares during the last quarter. Finally, Comerica Bank purchased 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 traded down $0.15 on Friday, reaching $80.68. The company’s stock had a trading volume of 802,450 shares, compared to its average volume of 1,272,378. The stock has a market capitalization of $33.33 billion, a P/E ratio of 20.27 and a beta of 1.02. The stock’s 50 day simple moving average is $81.48 and its two-hundred day simple moving average is $80.17. iShares Russell Mid-Cap ETF has a 12-month low of $64.66 and a 12-month high of $84.33.

About iShares Russell Mid-Cap ETF

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.