XML Financial LLC cut its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) by 3.2% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 226,443 shares of the company’s stock after selling 7,395 shares during the period. iShares Russell Mid-Cap ETF comprises approximately 1.8% of XML Financial LLC’s investment portfolio, making the stock its 12th biggest holding. XML Financial LLC’s holdings in iShares Russell Mid-Cap ETF were worth $24,164,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in IWR. Baird Financial Group Inc. grew its position in iShares Russell Mid-Cap ETF by 18.8% in the second quarter. Baird Financial Group Inc. now owns 10,660,298 shares of the company’s stock valued at $1,176,044,000 after purchasing an additional 1,690,390 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in iShares Russell Mid-Cap ETF by 0.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,500,690 shares of the company’s stock valued at $496,505,000 after buying an additional 29,329 shares during the last quarter. AMG National Trust Bank lifted its position 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 in the last quarter. Fifth Third Bancorp lifted its position in iShares Russell Mid-Cap ETF by 25.7% during the 1st quarter. Fifth Third Bancorp now owns 2,547,979 shares of the company’s stock worth $247,740,000 after buying an additional 521,709 shares in the last quarter. Finally, Glenview Trust Co lifted its position in iShares Russell Mid-Cap ETF by 0.8% during the 3rd quarter. Glenview Trust Co now owns 1,418,745 shares of the company’s stock worth $151,394,000 after buying an additional 10,717 shares in the last quarter. 80.16% of the stock is currently owned by institutional investors and hedge funds.
iShares Russell Mid-Cap ETF Price Performance
iShares Russell Mid-Cap ETF stock opened at $110.32 on Tuesday. The firm has a 50-day moving average of $109.72 and a 200-day moving average of $106.05. iShares Russell Mid-Cap ETF has a one year low of $91.64 and a one year high of $114.97. The company has a market cap of $57.75 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00.
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.
Recommended Stories
- Five stocks we like better than iShares Russell Mid-Cap ETF
- AbbVie’s Humira Era Is Fading, But Its New Growth Engines Face Another Test
- GLP-1 Focus or Broader Peptide Exposure: Which ETF Has the Edge?
- Mortgage Rates Froze U.S. Housing, But These 3 Overseas Markets Still Pay Double Digits
- Big Tech Is Spending Billions on AI—These 5 Stocks Are Getting Paid
Receive News & Ratings for iShares Russell Mid-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell Mid-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.
