Summit Wealth Partners LLC Decreases Stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Summit Wealth Partners LLC decreased its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 7.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 88,365 shares of the company’s stock after selling 7,477 shares during the period. iShares Russell Mid-Cap ETF accounts for 1.6% of Summit Wealth Partners LLC’s investment portfolio, making the stock its 21st biggest holding. Summit Wealth Partners LLC’s holdings in iShares Russell Mid-Cap ETF were worth $7,811,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Legacy Investment Solutions LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the 3rd quarter worth approximately $26,000. First Pacific Financial bought a new position in iShares Russell Mid-Cap ETF in the 4th quarter worth approximately $27,000. Future Financial Wealth Managment LLC bought a new position in iShares Russell Mid-Cap ETF in the 3rd quarter worth approximately $30,000. Hoese & Co LLP bought a new position in iShares Russell Mid-Cap ETF in the 4th quarter worth approximately $32,000. Finally, Highline Wealth Partners LLC bought a new position in iShares Russell Mid-Cap ETF in the 3rd quarter worth approximately $41,000.

iShares Russell Mid-Cap ETF Trading Up 0.6 %

IWR opened at $92.55 on Thursday. The company has a 50 day moving average of $91.36 and a 200 day moving average of $88.65. The company has a market cap of $38.23 billion, a PE ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a 12 month low of $76.97 and a 12 month 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.