Legacy Advisors LLC cut its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) by 2.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 210,902 shares of the company’s stock after selling 6,006 shares during the period. iShares Russell Mid-Cap ETF accounts for 1.7% of Legacy Advisors LLC’s portfolio, making the stock its 11th largest position. Legacy Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $20,303,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also recently added to or reduced their stakes in IWR. Jones Financial Companies Lllp increased its stake in iShares Russell Mid-Cap ETF by 8.1% during the third quarter. Jones Financial Companies Lllp now owns 75,344,008 shares of the company’s stock valued at $7,245,741,000 after purchasing an additional 5,633,614 shares during the last quarter. CIBC Bancorp USA Inc. bought a new stake in iShares Russell Mid-Cap ETF during the third quarter valued at $285,568,000. BNP Paribas Financial Markets grew its position in shares of iShares Russell Mid-Cap ETF by 186.3% during the second quarter. BNP Paribas Financial Markets now owns 764,638 shares of the company’s stock worth $70,324,000 after acquiring an additional 497,601 shares during the last quarter. NorthRock Partners LLC grew its position in shares of iShares Russell Mid-Cap ETF by 1,296.2% during the third quarter. NorthRock Partners LLC now owns 533,490 shares of the company’s stock worth $51,508,000 after acquiring an additional 495,279 shares during the last quarter. Finally, Proficio Capital Partners LLC grew its position in shares of iShares Russell Mid-Cap ETF by 5,042.0% during the third quarter. Proficio Capital Partners LLC now owns 426,784 shares of the company’s stock worth $41,206,000 after acquiring an additional 418,484 shares during the last quarter. Institutional investors own 80.16% of the company’s stock.
iShares Russell Mid-Cap ETF Stock Performance
iShares Russell Mid-Cap ETF stock opened at $104.64 on Tuesday. The company has a 50-day simple moving average of $100.14 and a 200-day simple moving average of $98.31. The firm has a market capitalization of $52.40 billion, a P/E ratio of 21.00 and a beta of 1.03. iShares Russell Mid-Cap ETF has a one year low of $77.72 and a one year high of $104.69.
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.
Further Reading
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