Thrivent Financial for Lutherans Trims Position in iShares Russell Mid-Cap ETF $IWR

Thrivent Financial for Lutherans lessened its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 22.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 227,925 shares of the company’s stock after selling 64,871 shares during the period. Thrivent Financial for Lutherans’ holdings in iShares Russell Mid-Cap ETF were worth $22,089,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in IWR. KERR FINANCIAL PLANNING Corp purchased a new position in iShares Russell Mid-Cap ETF in the 3rd quarter worth about $32,000. Smartleaf Asset Management LLC raised its stake in shares of iShares Russell Mid-Cap ETF by 192.0% during the third quarter. Smartleaf Asset Management LLC now owns 400 shares of the company’s stock valued at $39,000 after acquiring an additional 263 shares in the last quarter. Dorato Capital Management bought a new stake in shares of iShares Russell Mid-Cap ETF during the fourth quarter valued at approximately $43,000. Cary Street Partners Investment Advisory LLC bought a new stake in shares of iShares Russell Mid-Cap ETF during the third quarter valued at approximately $47,000. Finally, Cornerstone Planning Group LLC bought a new stake in shares of iShares Russell Mid-Cap ETF during the third quarter valued at approximately $55,000. Hedge funds and other 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 $103.69 on Monday. iShares Russell Mid-Cap ETF has a fifty-two week low of $86.89 and a fifty-two week high of $106.43. The company has a market capitalization of $52.16 billion, a PE ratio of 21.00 and a beta of 1.01. The company has a 50 day moving average price of $100.88 and a 200-day moving average price of $99.27.

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.