Frank Rimerman Advisors LLC Sells 142 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Frank Rimerman Advisors LLC lowered its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 0.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 28,707 shares of the company’s stock after selling 142 shares during the quarter. Frank Rimerman Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $2,538,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Summit Investment Advisory Services LLC boosted its position in 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 buying an additional 161 shares during the period. Brookstone Capital Management acquired a new stake in iShares Russell Mid-Cap ETF during the 4th quarter worth approximately $268,000. Hilltop Holdings Inc. boosted its position in 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 period. FMR LLC boosted its position in iShares Russell Mid-Cap ETF by 2.2% during the 3rd quarter. FMR LLC now owns 2,872,877 shares of the company’s stock worth $253,215,000 after buying an additional 63,048 shares during the period. Finally, Davis R M Inc. boosted its position in 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 worth $1,578,000 after buying an additional 1,787 shares during the period.

iShares Russell Mid-Cap ETF Price Performance

NYSEARCA:IWR opened at $84.87 on Friday. The firm’s 50 day simple moving average is $90.01 and its 200 day simple moving average is $89.70. iShares Russell Mid-Cap ETF has a one year low of $78.36 and a one year high of $96.00. The company has a market cap of $37.19 billion, a PE ratio of 20.66 and a beta of 1.13.

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.