iShares Russell Mid-Cap ETF $IWR Position Cut by TIAA Trust National Association

TIAA Trust National Association trimmed its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 3.5% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 3,218,434 shares of the company’s stock after selling 117,733 shares during the quarter. TIAA Trust National Association owned approximately 0.67% of iShares Russell Mid-Cap ETF worth $309,839,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. HFM Investment Advisors LLC bought a new stake in iShares Russell Mid-Cap ETF in the fourth quarter valued at $28,000. KERR FINANCIAL PLANNING Corp bought a new stake in iShares Russell Mid-Cap ETF in the third quarter valued at $32,000. Smartleaf Asset Management LLC lifted its stake in iShares Russell Mid-Cap ETF by 192.0% in the third quarter. Smartleaf Asset Management LLC now owns 400 shares of the company’s stock valued at $39,000 after buying an additional 263 shares during the last quarter. Dorato Capital Management bought a new stake in iShares Russell Mid-Cap ETF in the fourth quarter valued at $43,000. Finally, Basepoint Wealth LLC bought a new stake in iShares Russell Mid-Cap ETF in the fourth quarter valued at $43,000. 80.16% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap ETF Stock Performance

IWR stock opened at $106.30 on Tuesday. The stock has a market capitalization of $53.47 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a 1 year low of $88.83 and a 1 year high of $108.65. The stock’s fifty day moving average is $103.51 and its two-hundred day moving average is $100.52.

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. The Index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000 Index. The Index includes equity securities issued by issuers, which range in size between approximately $1.7 billion and $12 billion, though these amounts may change from time to time.