iShares Russell Mid-Cap ETF (NYSEARCA:IWR) Sets New 52-Week Low – Time to Sell?

iShares Russell Mid-Cap ETF (NYSEARCA:IWR)’s share price hit a new 52-week low on Friday . The company traded as low as $76.50 and last traded at $79.24, with a volume of 1429 shares. The stock had previously closed at $81.68.

iShares Russell Mid-Cap ETF Stock Down 5.8 %

The firm has a market cap of $34.43 billion, a price-to-earnings ratio of 20.81 and a beta of 1.13. The firm has a fifty day moving average price of $88.41 and a 200-day moving average price of $89.70.

Institutional Investors Weigh In On iShares Russell Mid-Cap ETF

A number of institutional investors have recently bought and sold shares of IWR. Newbridge Financial Services Group Inc. purchased a new position in iShares Russell Mid-Cap ETF in the fourth quarter valued at about $25,000. Roxbury Financial LLC acquired a new position in iShares Russell Mid-Cap ETF during the 4th quarter worth approximately $25,000. Legacy Investment Solutions LLC purchased a new stake in iShares Russell Mid-Cap ETF during the 3rd quarter worth $26,000. First Pacific Financial purchased a new position in iShares Russell Mid-Cap ETF in the 4th quarter valued at about $27,000. Finally, Fairscale Capital LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the fourth quarter worth about $27,000.

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.