iShares Russell Mid-Cap ETF $IWR Stock Position Cut by Fifth Third Bancorp

Fifth Third Bancorp trimmed its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 1.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,056,894 shares of the company’s stock after selling 32,019 shares during the quarter. Fifth Third Bancorp owned about 0.44% of iShares Russell Mid-Cap ETF worth $198,593,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Brighton Jones LLC raised its holdings in iShares Russell Mid-Cap ETF by 4.2% during the fourth quarter. Brighton Jones LLC now owns 104,524 shares of the company’s stock worth $9,240,000 after purchasing an additional 4,189 shares in the last quarter. Revolve Wealth Partners LLC acquired a new position in shares of iShares Russell Mid-Cap ETF during the 4th quarter valued at $323,000. Allspring Global Investments Holdings LLC increased its position in shares of iShares Russell Mid-Cap ETF by 30.4% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 5,906 shares of the company’s stock valued at $547,000 after purchasing an additional 1,377 shares during the period. RFG Advisory LLC raised its stake in shares of iShares Russell Mid-Cap ETF by 11.8% in the 2nd quarter. RFG Advisory LLC now owns 4,261 shares of the company’s stock worth $392,000 after buying an additional 451 shares in the last quarter. Finally, Mutual Advisors LLC lifted its holdings in shares of iShares Russell Mid-Cap ETF by 21.4% in the second quarter. Mutual Advisors LLC now owns 3,450 shares of the company’s stock valued at $329,000 after buying an additional 607 shares during the period. 80.16% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Stock Up 1.2%

Shares of IWR stock opened at $101.72 on Monday. The stock has a 50-day simple moving average of $99.14 and a 200 day simple moving average of $96.80. The stock has a market capitalization of $48.65 billion, a P/E 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 $103.29.

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.