Park Place Capital Corp Lowers Stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Park Place Capital Corp cut its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 23.6% in the first quarter, Holdings Channel reports. The fund owned 3,165 shares of the company’s stock after selling 979 shares during the quarter. Park Place Capital Corp’s holdings in iShares Russell Mid-Cap ETF were worth $266,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in IWR. Aspire Private Capital LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the fourth quarter valued at about $27,000. Raleigh Capital Management Inc. acquired a new position in shares of iShares Russell Mid-Cap ETF during the third quarter valued at about $29,000. Future Financial Wealth Managment LLC acquired a new position in shares of iShares Russell Mid-Cap ETF during the first quarter valued at about $29,000. Criterion Capital Advisors LLC acquired a new position in shares of iShares Russell Mid-Cap ETF during the fourth quarter valued at about $32,000. Finally, Financial Synergies Wealth Advisors Inc. increased its holdings 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 acquiring an additional 208 shares in the last quarter.

iShares Russell Mid-Cap ETF Stock Down 0.8 %

IWR opened at $80.41 on Tuesday. iShares Russell Mid-Cap ETF has a 52-week low of $64.66 and a 52-week high of $84.33. The company has a market cap of $33.22 billion, a P/E ratio of 20.27 and a beta of 1.02. The firm’s 50-day moving average price is $81.43 and its 200-day moving average price is $80.09.

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.