Diversified Trust Co trimmed its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) by 6.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 73,473 shares of the company’s stock after selling 4,954 shares during the period. Diversified Trust Co’s holdings in iShares Russell Mid-Cap ETF were worth $7,144,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in IWR. Bank of America Corp DE boosted its holdings in shares of 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 worth $6,408,658,000 after buying an additional 4,145,765 shares during the period. CIBC Bancorp USA Inc. acquired a new position in iShares Russell Mid-Cap ETF during the 3rd quarter worth $285,568,000. Wells Fargo & Company MN boosted its holdings in 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 valued at $4,013,120,000 after acquiring an additional 1,438,369 shares during the period. Royal Bank of Canada boosted its holdings in iShares Russell Mid-Cap ETF by 12.9% during the fourth quarter. Royal Bank of Canada now owns 7,911,910 shares of the company’s stock valued at $761,679,000 after acquiring an additional 905,157 shares during the period. Finally, Bank of New York Mellon Corp grew its position 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 valued at $1,037,737,000 after purchasing an additional 756,994 shares during the last quarter. 80.16% of the stock is owned by institutional investors.
iShares Russell Mid-Cap ETF Stock Performance
iShares Russell Mid-Cap ETF stock opened at $108.54 on Friday. iShares Russell Mid-Cap ETF has a 52 week low of $88.83 and a 52 week high of $110.22. The firm has a market capitalization of $54.60 billion, a PE ratio of 21.00 and a beta of 1.00. The business’s 50-day simple moving average is $105.34 and its 200-day simple moving average is $101.31.
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.
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