Sigma Investment Counselors Inc. Sells 1,862 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Sigma Investment Counselors Inc. lessened its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 0.7% in the 4th quarter, HoldingsChannel reports. The fund owned 264,962 shares of the company’s stock after selling 1,862 shares during the period. iShares Russell Mid-Cap ETF makes up about 1.4% of Sigma Investment Counselors Inc.’s portfolio, making the stock its 20th largest holding. Sigma Investment Counselors Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $23,423,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the company. JPMorgan Chase & Co. raised its stake in shares of iShares Russell Mid-Cap ETF by 2.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 7,059,914 shares of the company’s stock worth $622,261,000 after acquiring an additional 198,719 shares in the last quarter. Truist Financial Corp grew its position in iShares Russell Mid-Cap ETF by 1.7% during the 4th quarter. Truist Financial Corp now owns 3,674,764 shares of the company’s stock worth $324,849,000 after purchasing an additional 62,030 shares during the last quarter. FMR LLC grew 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 purchasing an additional 63,048 shares during the last quarter. Oakworth Capital Inc. grew its position in iShares Russell Mid-Cap ETF by 1.9% during the 4th quarter. Oakworth Capital Inc. now owns 1,113,122 shares of the company’s stock worth $98,400,000 after purchasing an additional 20,237 shares during the last quarter. Finally, Synovus Financial Corp grew its position in iShares Russell Mid-Cap ETF by 0.5% during the 3rd quarter. Synovus Financial Corp now owns 1,041,917 shares of the company’s stock worth $91,835,000 after purchasing an additional 5,247 shares during the last quarter.

iShares Russell Mid-Cap ETF Trading Down 2.2 %

NYSEARCA:IWR opened at $89.88 on Friday. The company has a market cap of $39.12 billion, a PE ratio of 21.79 and a beta of 1.12. iShares Russell Mid-Cap ETF has a twelve month low of $78.36 and a twelve month high of $96.00. The company’s 50 day moving average is $90.77 and its two-hundred day moving average is $89.42.

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.