TIAA Trust National Association Trims Stock Position in iShares Russell Mid-Cap ETF $IWR

TIAA Trust National Association trimmed its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 6.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 3,336,167 shares of the company’s stock after selling 231,701 shares during the period. TIAA Trust National Association’s holdings in iShares Russell Mid-Cap ETF were worth $322,107,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IWR. Brighton Jones LLC lifted its stake in shares of iShares Russell Mid-Cap ETF by 4.2% in the 4th quarter. Brighton Jones LLC now owns 104,524 shares of the company’s stock valued at $9,240,000 after purchasing an additional 4,189 shares during the last quarter. Revolve Wealth Partners LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF during the 4th quarter worth about $323,000. Rossby Financial LCC raised its holdings in iShares Russell Mid-Cap ETF by 137.6% in the 2nd quarter. Rossby Financial LCC now owns 872 shares of the company’s stock valued at $80,000 after buying an additional 505 shares during the period. Quaker Wealth Management LLC lifted its position in iShares Russell Mid-Cap ETF by 200.0% in the second quarter. Quaker Wealth Management LLC now owns 686 shares of the company’s stock valued at $63,000 after buying an additional 1,372 shares during the last quarter. Finally, World Investment Advisors lifted its position in iShares Russell Mid-Cap ETF by 52.3% in the second quarter. World Investment Advisors now owns 31,183 shares of the company’s stock valued at $2,868,000 after buying an additional 10,713 shares during the last quarter. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

Shares of IWR opened at $103.44 on Friday. iShares Russell Mid-Cap ETF has a 1-year low of $73.17 and a 1-year high of $103.48. The stock has a market cap of $49.47 billion, a PE ratio of 21.00 and a beta of 1.06. The firm has a 50-day simple moving average of $100.05 and a two-hundred day simple moving average of $97.32.

iShares Russell Mid-Cap ETF Company 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.