Sonata Capital Group Inc. Has $16.30 Million Stock Position in iShares Russell Mid-Cap ETF $IWR

Sonata Capital Group Inc. trimmed its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 5.8% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 167,673 shares of the company’s stock after selling 10,405 shares during the period. iShares Russell Mid-Cap ETF makes up approximately 6.0% of Sonata Capital Group Inc.’s holdings, making the stock its 2nd largest position. Sonata Capital Group Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $16,303,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Bank of America Corp DE increased its position 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 valued at $6,408,658,000 after buying an additional 4,145,765 shares in the last quarter. CIBC Bancorp USA Inc. bought a new stake in iShares Russell Mid-Cap ETF in the third quarter worth $285,568,000. Wells Fargo & Company MN boosted its holdings in iShares Russell Mid-Cap ETF by 3.6% in the fourth quarter. Wells Fargo & Company MN now owns 41,686,088 shares of the company’s stock worth $4,013,120,000 after acquiring an additional 1,438,369 shares in the last quarter. Royal Bank of Canada grew its stake in shares of iShares Russell Mid-Cap ETF by 12.9% in the fourth quarter. Royal Bank of Canada now owns 7,911,910 shares of the company’s stock worth $761,679,000 after acquiring an additional 905,157 shares during the last quarter. Finally, 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 during the last quarter. 80.16% of the stock is owned by institutional investors.

iShares Russell Mid-Cap ETF Price Performance

Shares of NYSEARCA:IWR opened at $110.00 on Friday. The business has a fifty day moving average price of $107.21 and a 200-day moving average price of $102.59. The company has a market capitalization of $56.80 billion, a PE ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a 1-year low of $91.36 and a 1-year high of $111.43.

About iShares Russell Mid-Cap ETF

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.