Avidian Wealth Solutions LLC Sells 1,294 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Avidian Wealth Solutions LLC cut its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 1.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 131,723 shares of the company’s stock after selling 1,294 shares during the quarter. Avidian Wealth Solutions LLC’s holdings in iShares Russell Mid-Cap ETF were worth $10,239,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of IWR. First Command Advisory Services Inc. bought a new position in iShares Russell Mid-Cap ETF in the 3rd quarter valued at approximately $25,000. Aspire Private Capital LLC bought a new stake in iShares Russell Mid-Cap ETF in the 4th quarter worth approximately $27,000. Raleigh Capital Management Inc. purchased a new stake in iShares Russell Mid-Cap ETF during the 3rd quarter valued at $29,000. Criterion Capital Advisors LLC purchased a new stake in iShares Russell Mid-Cap ETF during the fourth quarter valued at $32,000. Finally, Bellevue Asset Management LLC lifted its holdings in iShares Russell Mid-Cap ETF by 67.9% in the fourth quarter. Bellevue Asset Management LLC now owns 470 shares of the company’s stock valued at $37,000 after acquiring an additional 190 shares during the period.

iShares Russell Mid-Cap ETF Stock Up 0.7 %

IWR traded up $0.58 during trading on Friday, hitting $80.78. The company’s stock had a trading volume of 986,228 shares, compared to its average volume of 1,418,138. The business’s 50 day simple moving average is $81.43 and its 200-day simple moving average is $76.61. The firm has a market cap of $33.28 billion, a PE ratio of 19.78 and a beta of 1.02. iShares Russell Mid-Cap ETF has a one year low of $64.66 and a one year high of $84.33.

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.