Proffitt & Goodson Inc. Cuts Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Proffitt & Goodson Inc. lessened its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 121,158 shares of the company’s stock after selling 2,592 shares during the quarter. iShares Russell Mid-Cap ETF comprises 1.8% of Proffitt & Goodson Inc.’s portfolio, making the stock its 14th largest position. Proffitt & Goodson Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $10,710,000 as of its most recent SEC filing.

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

iShares Russell Mid-Cap ETF Stock Up 1.2 %

NYSEARCA:IWR opened at $89.46 on Friday. The company’s 50 day moving average price is $90.72 and its 200-day moving average price is $89.63. iShares Russell Mid-Cap ETF has a 52 week low of $78.36 and a 52 week high of $96.00. The stock has a market cap of $38.94 billion, a price-to-earnings ratio of 21.79 and a beta of 1.12.

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.