iShares Russell Mid-Cap ETF $IWR Stake Decreased by St. Clair Advisors LLC

St. Clair Advisors LLC cut its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 40.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,625 shares of the company’s stock after selling 15,845 shares during the period. iShares Russell Mid-Cap ETF makes up about 0.7% of St. Clair Advisors LLC’s investment portfolio, making the stock its 28th largest holding. St. Clair Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $2,606,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in IWR. Bank of America Corp DE grew its holdings in iShares Russell Mid-Cap ETF by 6.6% in 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 in the last quarter. Wells Fargo & Company MN raised its stake in iShares Russell Mid-Cap ETF by 3.6% during 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 acquiring an additional 1,438,369 shares in the last quarter. Royal Bank of Canada raised its stake in iShares Russell Mid-Cap ETF by 12.9% during the 4th quarter. Royal Bank of Canada now owns 7,911,910 shares of the company’s stock valued at $761,679,000 after acquiring an additional 905,157 shares in the last quarter. Bank of New York Mellon Corp boosted its position in iShares Russell Mid-Cap ETF by 7.6% during the 4th 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 during the period. Finally, Northern Trust Corp boosted its position in iShares Russell Mid-Cap ETF by 5.4% during the 4th 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 during the period. 80.16% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Stock Performance

NYSEARCA:IWR opened at $112.93 on Wednesday. The stock has a market cap of $57.28 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 $91.64 and a 1 year high of $113.08. The business has a fifty day moving average of $109.03 and a 200-day moving average of $104.05.

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. 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.