LPL Financial LLC Decreases Holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

LPL Financial LLC decreased its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 16.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,613,866 shares of the company’s stock after selling 517,025 shares during the quarter. LPL Financial LLC owned approximately 0.63% of iShares Russell Mid-Cap ETF worth $230,386,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC lifted its stake in iShares Russell Mid-Cap ETF by 13.3% in the first quarter. O Shaughnessy Asset Management LLC now owns 10,545 shares of the company’s stock valued at $887,000 after buying an additional 1,239 shares during the last quarter. Axxcess Wealth Management LLC grew its holdings in iShares Russell Mid-Cap ETF by 33.3% during the first quarter. Axxcess Wealth Management LLC now owns 12,142 shares of the company’s stock worth $1,021,000 after acquiring an additional 3,030 shares during the period. LRI Investments LLC acquired a new stake in iShares Russell Mid-Cap ETF in the first quarter valued at $120,000. Public Employees Retirement System of Ohio acquired a new stake in shares of iShares Russell Mid-Cap ETF in the first quarter valued at about $1,324,000. Finally, Beaird Harris Wealth Management LLC purchased a new position in iShares Russell Mid-Cap ETF in the first quarter valued at about $40,000.

iShares Russell Mid-Cap ETF Stock Performance

iShares Russell Mid-Cap ETF stock opened at $93.49 on Friday. The company has a market capitalization of $38.62 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a fifty-two week low of $71.25 and a fifty-two week high of $93.85. The stock has a fifty day moving average of $89.14 and a two-hundred day moving average of $84.98.

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.