Principal Securities Inc. Sells 1,614 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Principal Securities Inc. cut its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 3.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 43,399 shares of the company’s stock after selling 1,614 shares during the period. Principal Securities Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $3,825,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Mission Wealth Management LP grew its holdings in iShares Russell Mid-Cap ETF by 22.1% during the first quarter. Mission Wealth Management LP now owns 8,749 shares of the company’s stock valued at $736,000 after purchasing an additional 1,584 shares during the period. Mutual of America Capital Management LLC grew its holdings in iShares Russell Mid-Cap ETF by 7.0% during the first quarter. Mutual of America Capital Management LLC now owns 9,035 shares of the company’s stock valued at $760,000 after purchasing an additional 595 shares during the period. Cambridge Trust Co. grew its holdings in iShares Russell Mid-Cap ETF by 2.8% during the first quarter. Cambridge Trust Co. now owns 8,344 shares of the company’s stock valued at $702,000 after purchasing an additional 224 shares during the period. LRI Investments LLC bought a new stake in iShares Russell Mid-Cap ETF during the first quarter valued at about $120,000. Finally, Gradient Investments LLC grew its holdings in iShares Russell Mid-Cap ETF by 358.6% during the second quarter. Gradient Investments LLC now owns 12,414 shares of the company’s stock valued at $1,007,000 after purchasing an additional 9,707 shares during the period.

iShares Russell Mid-Cap ETF Stock Performance

NYSEARCA:IWR opened at $87.64 on Friday. The stock has a 50-day simple moving average of $87.32 and a two-hundred day simple moving average of $83.82. iShares Russell Mid-Cap ETF has a 52-week low of $66.84 and a 52-week high of $90.18. The firm has a market capitalization of $36.20 billion, a PE ratio of 20.27 and a beta of 1.02.

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.