Phillips Financial Management LLC Has $3.24 Million Stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Phillips Financial Management LLC lessened its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 0.6% in the fourth quarter, Holdings Channel reports. The firm owned 36,599 shares of the company’s stock after selling 233 shares during the quarter. Phillips Financial Management LLC’s holdings in iShares Russell Mid-Cap ETF were worth $3,235,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Summit Investment Advisory Services LLC boosted its position in shares of iShares Russell Mid-Cap ETF by 2.1% during the 4th quarter. Summit Investment Advisory Services LLC now owns 7,688 shares of the company’s stock worth $680,000 after acquiring an additional 161 shares in the last quarter. Brookstone Capital Management bought a new position in shares of iShares Russell Mid-Cap ETF in the 4th quarter valued at $268,000. Hilltop Holdings Inc. lifted its position in shares of iShares Russell Mid-Cap ETF by 1.9% during the 3rd quarter. Hilltop Holdings Inc. now owns 33,376 shares of the company’s stock worth $2,942,000 after buying an additional 608 shares during the last quarter. FMR LLC raised its stake in iShares Russell Mid-Cap ETF by 2.2% during the third quarter. FMR LLC now owns 2,872,877 shares of the company’s stock worth $253,215,000 after acquiring an additional 63,048 shares in the last quarter. Finally, Davis R M Inc. grew its holdings in shares of iShares Russell Mid-Cap ETF by 11.1% during the 3rd quarter. Davis R M Inc. now owns 17,898 shares of the company’s stock valued at $1,578,000 after purchasing an additional 1,787 shares during the last quarter.

iShares Russell Mid-Cap ETF Price Performance

Shares of iShares Russell Mid-Cap ETF stock opened at $84.07 on Thursday. The company’s 50 day moving average price is $90.21 and its two-hundred day moving average price is $89.76. The firm has a market capitalization of $36.84 billion, a P/E ratio of 20.66 and a beta of 1.13. iShares Russell Mid-Cap ETF has a fifty-two week low of $78.36 and a fifty-two week 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.