Pacific Financial Group Inc. Trims Holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Pacific Financial Group Inc. trimmed its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 4.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,905 shares of the company’s stock after selling 560 shares during the quarter. Pacific Financial Group Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $961,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cambridge Trust Co. increased its holdings in iShares Russell Mid-Cap ETF by 2.8% in the 1st quarter. Cambridge Trust Co. now owns 8,344 shares of the company’s stock worth $702,000 after acquiring an additional 224 shares in the last quarter. Gradient Investments LLC boosted its stake in iShares Russell Mid-Cap ETF by 358.6% in the 2nd quarter. Gradient Investments LLC now owns 12,414 shares of the company’s stock worth $1,007,000 after purchasing an additional 9,707 shares during the period. Motiv8 Investments LLC boosted its stake in iShares Russell Mid-Cap ETF by 9.4% in the 2nd quarter. Motiv8 Investments LLC now owns 30,329 shares of the company’s stock worth $2,459,000 after purchasing an additional 2,609 shares during the period. LPL Financial LLC boosted its stake in iShares Russell Mid-Cap ETF by 2.8% in the 2nd quarter. LPL Financial LLC now owns 3,130,891 shares of the company’s stock worth $253,853,000 after purchasing an additional 84,394 shares during the period. Finally, O Shaughnessy Asset Management LLC boosted its stake in iShares Russell Mid-Cap ETF by 13.3% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 10,545 shares of the company’s stock worth $887,000 after purchasing an additional 1,239 shares during the period.

iShares Russell Mid-Cap ETF Price Performance

IWR stock opened at $94.53 on Monday. iShares Russell Mid-Cap ETF has a 1-year low of $71.37 and a 1-year high of $94.62. The company has a market capitalization of $39.05 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02. The business has a 50 day simple moving average of $89.31 and a two-hundred day simple moving average of $85.12.

iShares Russell Mid-Cap ETF 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.