Sawgrass Asset Management LLC Buys 18,896 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Sawgrass Asset Management LLC raised its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 17.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 124,214 shares of the company’s stock after purchasing an additional 18,896 shares during the quarter. Sawgrass Asset Management LLC’s holdings in iShares Russell Mid-Cap ETF were worth $9,655,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IWR. Aspire Private Capital LLC bought a new position in shares of iShares Russell Mid-Cap ETF in the fourth quarter worth about $27,000. First Command Advisory Services Inc. acquired a new stake in iShares Russell Mid-Cap ETF during the 3rd quarter worth about $25,000. Criterion Capital Advisors LLC purchased a new position in iShares Russell Mid-Cap ETF during the 4th quarter worth approximately $32,000. Raleigh Capital Management Inc. purchased a new stake in iShares Russell Mid-Cap ETF in the third quarter valued at $29,000. Finally, Bellevue Asset Management LLC boosted its position in iShares Russell Mid-Cap ETF by 67.9% in the 4th quarter. Bellevue Asset Management LLC now owns 470 shares of the company’s stock worth $37,000 after purchasing an additional 190 shares in the last quarter.

iShares Russell Mid-Cap ETF Price Performance

IWR traded down $0.21 on Wednesday, reaching $81.56. 1,856,737 shares of the company’s stock were exchanged, compared to its average volume of 1,408,761. The stock’s fifty day moving average price is $81.51 and its 200-day moving average price is $77.00. The stock has a market cap of $33.60 billion, a PE ratio of 19.78 and a beta of 1.02. iShares Russell Mid-Cap ETF has a twelve month low of $64.66 and a twelve month 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.