Pallas Capital Advisors LLC Sells 865 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Pallas Capital Advisors LLC reduced its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 4.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 18,315 shares of the company’s stock after selling 865 shares during the period. Pallas Capital Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $1,619,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the stock. Legacy Investment Solutions LLC bought a new position in iShares Russell Mid-Cap ETF in the 3rd quarter worth about $26,000. Future Financial Wealth Managment LLC bought a new position in shares of iShares Russell Mid-Cap ETF in the third quarter valued at approximately $30,000. Highline Wealth Partners LLC purchased a new position in iShares Russell Mid-Cap ETF during the third quarter valued at approximately $41,000. Transcendent Capital Group LLC increased its holdings in iShares Russell Mid-Cap ETF by 150.2% during the 3rd quarter. Transcendent Capital Group LLC now owns 523 shares of the company’s stock worth $46,000 after acquiring an additional 314 shares during the period. Finally, Moisand Fitzgerald Tamayo LLC lifted its stake in iShares Russell Mid-Cap ETF by 113.7% in the 3rd quarter. Moisand Fitzgerald Tamayo LLC now owns 560 shares of the company’s stock worth $49,000 after purchasing an additional 298 shares in the last quarter.

iShares Russell Mid-Cap ETF Price Performance

IWR opened at $88.28 on Tuesday. The firm has a market capitalization of $36.47 billion, a P/E ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a one year low of $75.00 and a one year high of $96.00. The company has a fifty day moving average price of $91.62 and a 200-day moving average price of $87.56.

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.