iShares Russell Mid-Cap ETF $IWR Shares Sold by IFC Advisors LLC

IFC Advisors LLC lessened its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 15.3% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 61,198 shares of the company’s stock after selling 11,093 shares during the quarter. iShares Russell Mid-Cap ETF comprises about 0.9% of IFC Advisors LLC’s holdings, making the stock its 23rd biggest holding. IFC Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $5,950,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Bank of America Corp DE increased its stake in iShares Russell Mid-Cap ETF by 6.6% during the 4th quarter. Bank of America Corp DE now owns 66,569,630 shares of the company’s stock worth $6,408,658,000 after buying an additional 4,145,765 shares during the period. Wells Fargo & Company MN boosted its position in iShares Russell Mid-Cap ETF by 3.6% in the 4th quarter. Wells Fargo & Company MN now owns 41,686,088 shares of the company’s stock valued at $4,013,120,000 after buying an additional 1,438,369 shares during the period. Morgan Stanley boosted its position in iShares Russell Mid-Cap ETF by 4.5% in the 4th quarter. Morgan Stanley now owns 10,797,769 shares of the company’s stock valued at $1,039,501,000 after buying an additional 460,088 shares during the period. Bank of New York Mellon Corp grew its stake in shares of iShares Russell Mid-Cap ETF by 7.6% in the fourth quarter. Bank of New York Mellon Corp now owns 10,779,440 shares of the company’s stock worth $1,037,737,000 after acquiring an additional 756,994 shares in the last quarter. Finally, Northern Trust Corp grew its stake in shares of iShares Russell Mid-Cap ETF by 5.4% in the fourth quarter. Northern Trust Corp now owns 10,331,591 shares of the company’s stock worth $994,622,000 after acquiring an additional 526,956 shares in the last quarter. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

iShares Russell Mid-Cap ETF stock opened at $110.02 on Monday. The firm has a market capitalization of $56.93 billion, a P/E ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a twelve month low of $91.36 and a twelve month high of $111.43. The stock’s fifty day simple moving average is $107.36 and its 200-day simple moving average is $102.68.

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.