Sequoia Financial Advisors LLC Has $4.07 Million Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Sequoia Financial Advisors LLC reduced its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 10.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 46,215 shares of the company’s stock after selling 5,405 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $4,073,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Mission Wealth Management LP increased its holdings in shares of iShares Russell Mid-Cap ETF by 22.1% in the first quarter. Mission Wealth Management LP now owns 8,749 shares of the company’s stock valued at $736,000 after purchasing an additional 1,584 shares during the last quarter. Mutual of America Capital Management LLC boosted its position in shares of iShares Russell Mid-Cap ETF by 7.0% in the first quarter. Mutual of America Capital Management LLC now owns 9,035 shares of the company’s stock valued at $760,000 after acquiring an additional 595 shares during the period. Cambridge Trust Co. boosted its position in shares of iShares Russell Mid-Cap ETF by 2.8% in the first quarter. Cambridge Trust Co. now owns 8,344 shares of the company’s stock valued at $702,000 after acquiring an additional 224 shares during the period. LRI Investments LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the first quarter valued at about $120,000. Finally, Gradient Investments LLC boosted its position in shares of iShares Russell Mid-Cap ETF by 358.6% in the second quarter. Gradient Investments LLC now owns 12,414 shares of the company’s stock valued at $1,007,000 after acquiring an additional 9,707 shares during the period.

iShares Russell Mid-Cap ETF Stock Performance

Shares of iShares Russell Mid-Cap ETF stock opened at $88.45 on Thursday. The firm has a 50-day moving average of $86.83 and a 200-day moving average of $83.51. The stock has a market cap of $36.54 billion, a PE ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a 52-week low of $64.66 and a 52-week high of $90.18.

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.