Conning Inc. Decreases Holdings in iShares Russell Mid-Cap ETF $IWR

Conning Inc. trimmed its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 73.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,598 shares of the company’s stock after selling 58,403 shares during the quarter. Conning Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $1,989,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. U.S. Capital Wealth Advisors LLC raised its holdings in shares of iShares Russell Mid-Cap ETF by 0.5% in the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 21,254 shares of the company’s stock worth $1,955,000 after purchasing an additional 109 shares during the period. Register Financial Advisors LLC increased its position in iShares Russell Mid-Cap ETF by 2.0% in the second quarter. Register Financial Advisors LLC now owns 5,444 shares of the company’s stock worth $501,000 after buying an additional 109 shares during the last quarter. Welch & Forbes LLC increased its position in iShares Russell Mid-Cap ETF by 0.5% in the second quarter. Welch & Forbes LLC now owns 22,727 shares of the company’s stock worth $2,090,000 after buying an additional 110 shares during the last quarter. Meridian Wealth Management LLC raised its stake in shares of iShares Russell Mid-Cap ETF by 0.5% in the second quarter. Meridian Wealth Management LLC now owns 20,962 shares of the company’s stock valued at $1,928,000 after buying an additional 112 shares during the period. Finally, Heritage Financial Services LLC lifted its position in shares of iShares Russell Mid-Cap ETF by 3.8% during the 2nd quarter. Heritage Financial Services LLC now owns 3,129 shares of the company’s stock valued at $288,000 after buying an additional 114 shares during the last quarter. 80.16% of the stock is owned by institutional investors.

iShares Russell Mid-Cap ETF Stock Performance

IWR stock opened at $100.50 on Thursday. The company has a market capitalization of $48.31 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06. iShares Russell Mid-Cap ETF has a fifty-two week low of $73.17 and a fifty-two week high of $100.66. The stock has a fifty day moving average of $96.78 and a 200-day moving average of $95.71.

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.