Forte Asset Management LLC Decreases Holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Forte Asset Management LLC trimmed its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 11.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 70,325 shares of the company’s stock after selling 8,751 shares during the period. iShares Russell Mid-Cap ETF comprises approximately 3.3% of Forte Asset Management LLC’s holdings, making the stock its 10th largest holding. Forte Asset Management LLC’s holdings in iShares Russell Mid-Cap ETF were worth $6,217,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of IWR. JPMorgan Chase & Co. lifted its stake in shares of iShares Russell Mid-Cap ETF by 2.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,059,914 shares of the company’s stock valued at $622,261,000 after purchasing an additional 198,719 shares during the period. FMR LLC lifted its stake in shares of iShares Russell Mid-Cap ETF by 2.2% in the 3rd quarter. FMR LLC now owns 2,872,877 shares of the company’s stock valued at $253,215,000 after purchasing an additional 63,048 shares during the period. Raymond James & Associates lifted its stake in shares of iShares Russell Mid-Cap ETF by 2.6% in the 3rd quarter. Raymond James & Associates now owns 1,454,215 shares of the company’s stock valued at $128,175,000 after purchasing an additional 36,255 shares during the period. Cetera Investment Advisers lifted its stake in shares of iShares Russell Mid-Cap ETF by 2.2% in the 2nd quarter. Cetera Investment Advisers now owns 1,219,350 shares of the company’s stock valued at $98,865,000 after purchasing an additional 26,578 shares during the period. Finally, Oakworth Capital Inc. lifted its stake in shares of iShares Russell Mid-Cap ETF by 1.2% in the 3rd quarter. Oakworth Capital Inc. now owns 1,092,885 shares of the company’s stock valued at $96,327,000 after purchasing an additional 13,188 shares during the period.

iShares Russell Mid-Cap ETF Stock Down 0.7 %

IWR stock opened at $91.99 on Tuesday. The business’s fifty day moving average is $91.57 and its 200-day moving average is $88.24. The company has a market cap of $38.00 billion, a P/E ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a twelve month low of $76.25 and a twelve month high of $96.00.

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.