Denver PWM LLC Trims Stock Holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Denver PWM LLC lessened its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 0.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,921 shares of the company’s stock after selling 227 shares during the quarter. iShares Russell Mid-Cap ETF makes up approximately 1.0% of Denver PWM LLC’s holdings, making the stock its 19th largest holding. Denver PWM LLC’s holdings in iShares Russell Mid-Cap ETF were worth $2,637,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in IWR. AdvisorNet Financial Inc lifted its stake in shares of iShares Russell Mid-Cap ETF by 34.1% during the 2nd quarter. AdvisorNet Financial Inc now owns 2,994 shares of the company’s stock worth $243,000 after purchasing an additional 762 shares during the period. Gradient Investments LLC boosted its stake in iShares Russell Mid-Cap ETF by 358.6% in the 2nd quarter. Gradient Investments LLC now owns 12,414 shares of the company’s stock worth $1,007,000 after buying an additional 9,707 shares during the last quarter. Saxon Interests Inc. grew its holdings in iShares Russell Mid-Cap ETF by 11.0% in the 2nd quarter. Saxon Interests Inc. now owns 19,328 shares of the company’s stock valued at $1,567,000 after buying an additional 1,922 shares during the period. CFM Wealth Partners LLC increased its stake in shares of iShares Russell Mid-Cap ETF by 14.7% during the 2nd quarter. CFM Wealth Partners LLC now owns 67,211 shares of the company’s stock valued at $5,449,000 after acquiring an additional 8,594 shares during the last quarter. Finally, Unique Wealth LLC lifted its holdings in shares of iShares Russell Mid-Cap ETF by 13.1% during the 2nd quarter. Unique Wealth LLC now owns 81,472 shares of the company’s stock worth $6,606,000 after acquiring an additional 9,454 shares during the period.

iShares Russell Mid-Cap ETF Stock Performance

iShares Russell Mid-Cap ETF stock opened at $93.03 on Friday. iShares Russell Mid-Cap ETF has a 1 year low of $74.44 and a 1 year high of $96.00. The firm has a 50 day moving average price of $91.30 and a 200 day moving average price of $86.24. The company has a market cap of $38.43 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02.

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.