Cypress Capital Group Sells 4,625 Shares of iShares Russell Mid-Cap ETF $IWR

Cypress Capital Group cut its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 28.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,417 shares of the company’s stock after selling 4,625 shares during the period. Cypress Capital Group’s holdings in iShares Russell Mid-Cap ETF were worth $1,050,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Jones Financial Companies Lllp lifted its stake in shares of iShares Russell Mid-Cap ETF by 6.9% in the first quarter. Jones Financial Companies Lllp now owns 66,497,354 shares of the company’s stock valued at $5,628,396,000 after buying an additional 4,290,076 shares during the period. Natixis Advisors LLC raised its holdings in iShares Russell Mid-Cap ETF by 122.0% in the 1st quarter. Natixis Advisors LLC now owns 1,872,952 shares of the company’s stock valued at $159,332,000 after acquiring an additional 1,029,115 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in iShares Russell Mid-Cap ETF by 11.7% in the 1st quarter. Bank of New York Mellon Corp now owns 8,018,338 shares of the company’s stock valued at $682,120,000 after acquiring an additional 840,839 shares in the last quarter. Mesirow Financial Investment Management Inc. lifted its position in shares of iShares Russell Mid-Cap ETF by 103.7% in the 1st quarter. Mesirow Financial Investment Management Inc. now owns 1,119,648 shares of the company’s stock worth $95,248,000 after acquiring an additional 569,914 shares during the period. Finally, US Bancorp DE lifted its position in shares of iShares Russell Mid-Cap ETF by 2.2% in the 1st quarter. US Bancorp DE now owns 19,325,451 shares of the company’s stock worth $1,644,034,000 after acquiring an additional 418,491 shares during the period. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Down 2.6%

IWR opened at $94.02 on Monday. The stock’s 50 day simple moving average is $95.58 and its 200-day simple moving average is $90.68. The stock has a market cap of $43.86 billion, a PE ratio of 21.00 and a beta of 1.09. iShares Russell Mid-Cap ETF has a 1 year low of $73.17 and a 1 year high of $97.80.

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.