Chesapeake Wealth Management Sells 4,010 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Chesapeake Wealth Management decreased its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 6.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 60,739 shares of the company’s stock after selling 4,010 shares during the period. iShares Russell Mid-Cap ETF accounts for 1.8% of Chesapeake Wealth Management’s portfolio, making the stock its 13th largest position. Chesapeake Wealth Management’s holdings in iShares Russell Mid-Cap ETF were worth $4,925,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. LifeSteps Financial Inc. bought a new stake in shares of iShares Russell Mid-Cap ETF during the first quarter valued at approximately $25,000. Paladin Advisory Group LLC bought a new position in shares of iShares Russell Mid-Cap ETF during the second quarter valued at $27,000. Future Financial Wealth Managment LLC bought a new position in shares of iShares Russell Mid-Cap ETF during the first quarter valued at $29,000. Financial Synergies Wealth Advisors Inc. boosted its position in shares of iShares Russell Mid-Cap ETF by 120.9% during the first quarter. Financial Synergies Wealth Advisors Inc. now owns 380 shares of the company’s stock valued at $32,000 after buying an additional 208 shares during the last quarter. Finally, Sage Mountain Advisors LLC increased its holdings in iShares Russell Mid-Cap ETF by 50.9% in the 2nd quarter. Sage Mountain Advisors LLC now owns 403 shares of the company’s stock worth $33,000 after buying an additional 136 shares in the last quarter.

iShares Russell Mid-Cap ETF Stock Performance

Shares of NYSEARCA:IWR opened at $87.53 on Friday. The firm has a market cap of $36.16 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02. The business has a 50-day simple moving average of $84.41 and a two-hundred day simple moving average of $82.57. iShares Russell Mid-Cap ETF has a fifty-two week low of $64.66 and a fifty-two week high of $88.28.

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.