Bank of New York Mellon Corp reduced its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) by 0.5% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 10,727,281 shares of the company’s stock after selling 52,159 shares during the period. Bank of New York Mellon Corp’s holdings in iShares Russell Mid-Cap ETF were worth $1,043,014,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of the business. Piscataqua Savings Bank lifted its stake in shares of iShares Russell Mid-Cap ETF by 11.1% during the 4th quarter. Piscataqua Savings Bank now owns 1,000 shares of the company’s stock worth $96,000 after purchasing an additional 100 shares during the period. Axis Wealth Partners LLC grew its position in shares of iShares Russell Mid-Cap ETF by 1.7% in the first quarter. Axis Wealth Partners LLC now owns 6,282 shares of the company’s stock valued at $611,000 after purchasing an additional 108 shares during the period. Walled Lake Planning & Wealth Management LLC grew its position in shares of iShares Russell Mid-Cap ETF by 1.6% in the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 7,751 shares of the company’s stock valued at $746,000 after purchasing an additional 119 shares during the period. Asset Management Group Inc. increased its stake in iShares Russell Mid-Cap ETF by 0.3% in the fourth quarter. Asset Management Group Inc. now owns 39,498 shares of the company’s stock valued at $3,802,000 after purchasing an additional 124 shares during the last quarter. Finally, Welch Group LLC increased its stake in iShares Russell Mid-Cap ETF by 5.4% in the fourth quarter. Welch Group LLC now owns 2,447 shares of the company’s stock valued at $236,000 after purchasing an additional 126 shares during the last quarter. 80.16% of the stock is currently owned by institutional investors and hedge funds.
iShares Russell Mid-Cap ETF Trading Down 0.3%
NYSEARCA IWR opened at $109.51 on Thursday. The business’s 50-day moving average price is $107.64 and its 200 day moving average price is $102.93. iShares Russell Mid-Cap ETF has a twelve month low of $91.36 and a twelve month high of $111.43. The company has a market capitalization of $56.63 billion, a PE 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.
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