King Luther Capital Management Corp Reduces Stock Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

King Luther Capital Management Corp trimmed its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 12.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,936 shares of the company’s stock after selling 1,012 shares during the period. King Luther Capital Management Corp’s holdings in iShares Russell Mid-Cap ETF were worth $611,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IWR. Moors & Cabot Inc. lifted its holdings in iShares Russell Mid-Cap ETF by 30.4% in the third quarter. Moors & Cabot Inc. now owns 7,926 shares of the company’s stock valued at $699,000 after acquiring an additional 1,850 shares during the period. Darwin Wealth Management LLC bought a new position in shares of iShares Russell Mid-Cap ETF in the 3rd quarter worth approximately $111,000. Grandfield & Dodd LLC bought a new position in shares of iShares Russell Mid-Cap ETF in the 3rd quarter worth approximately $236,000. First Horizon Advisors Inc. boosted its holdings in shares of iShares Russell Mid-Cap ETF by 1.0% in the third quarter. First Horizon Advisors Inc. now owns 119,645 shares of the company’s stock worth $10,546,000 after buying an additional 1,243 shares during the last quarter. Finally, Fifth Third Wealth Advisors LLC grew its position in iShares Russell Mid-Cap ETF by 18.2% during the third quarter. Fifth Third Wealth Advisors LLC now owns 159,723 shares of the company’s stock valued at $14,078,000 after buying an additional 24,615 shares during the period.

iShares Russell Mid-Cap ETF Trading Up 1.1 %

IWR opened at $94.53 on Friday. The firm’s 50 day simple moving average is $89.31 and its two-hundred day simple moving average is $85.09. The company has a market capitalization of $39.05 billion, a PE ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a 1-year low of $71.37 and a 1-year high of $94.62.

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.