iShares Russell Mid-Cap ETF $IWR Shares Sold by Investors Research Corp

Investors Research Corp cut its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) by 44.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,034 shares of the company’s stock after selling 5,606 shares during the quarter. Investors Research Corp’s holdings in iShares Russell Mid-Cap ETF were worth $751,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Wells Fargo & Company MN raised its position in shares of iShares Russell Mid-Cap ETF by 3.6% during the fourth quarter. Wells Fargo & Company MN now owns 41,686,088 shares of the company’s stock worth $4,013,120,000 after purchasing an additional 1,438,369 shares during the period. Baird Financial Group Inc. increased its stake in iShares Russell Mid-Cap ETF by 18.8% in the 2nd quarter. Baird Financial Group Inc. now owns 10,660,298 shares of the company’s stock worth $1,176,044,000 after purchasing an additional 1,690,390 shares in the last quarter. JPMorgan Chase & Co. increased its stake in iShares Russell Mid-Cap ETF by 1.7% in the 4th quarter. JPMorgan Chase & Co. now owns 6,739,350 shares of the company’s stock worth $648,797,000 after purchasing an additional 115,580 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in iShares Russell Mid-Cap ETF by 0.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,500,690 shares of the company’s stock worth $496,505,000 after buying an additional 29,329 shares during the period. Finally, AMG National Trust Bank raised its holdings in iShares Russell Mid-Cap ETF by 2.0% during the 1st quarter. AMG National Trust Bank now owns 3,889,097 shares of the company’s stock worth $378,137,000 after buying an additional 77,476 shares during the period. 80.16% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Trading Down 1.1%

IWR stock traded down $1.21 during mid-day trading on Wednesday, reaching $108.47. 936,515 shares of the stock traded hands, compared to its average volume of 2,225,370. iShares Russell Mid-Cap ETF has a 52-week low of $91.64 and a 52-week high of $114.97. The stock’s fifty day moving average is $110.85 and its 200-day moving average is $107.28. The company has a market cap of $55.95 billion, a P/E ratio of 21.00 and a beta of 1.00.

iShares Russell Mid-Cap ETF Company Profile

(Free Report)

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.

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