Factory Mutual Insurance Co. Sells 220,000 Shares of iShares Russell Mid-Cap ETF $IWR

Factory Mutual Insurance Co. cut its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 22.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 758,700 shares of the company’s stock after selling 220,000 shares during the quarter. Factory Mutual Insurance Co. owned approximately 0.16% of iShares Russell Mid-Cap ETF worth $73,252,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of IWR. HHM Wealth Advisors LLC purchased a new position in iShares Russell Mid-Cap ETF during the 2nd quarter worth $29,000. Traub Capital Management LLC purchased a new position in shares of iShares Russell Mid-Cap ETF during the second quarter valued at $37,000. Legacy Investment Solutions LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the second quarter valued at about $38,000. Smartleaf Asset Management LLC raised its holdings in shares of iShares Russell Mid-Cap ETF by 192.0% in 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. Finally, Financial Gravity Companies Inc. purchased a new stake in iShares Russell Mid-Cap ETF in the second quarter worth about $47,000. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

Shares of iShares Russell Mid-Cap ETF stock opened at $102.22 on Friday. The firm’s 50-day moving average is $99.49 and its two-hundred day moving average is $97.00. iShares Russell Mid-Cap ETF has a 1 year low of $73.17 and a 1 year high of $103.29. The stock has a market cap of $48.89 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06.

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.