Ameriprise Financial Inc. Sells 386,330 Shares of iShares Russell Mid-Cap ETF $IWR

Ameriprise Financial Inc. decreased its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 10.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,153,946 shares of the company’s stock after selling 386,330 shares during the quarter. Ameriprise Financial Inc. owned approximately 0.67% of iShares Russell Mid-Cap ETF worth $304,137,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. HHM Wealth Advisors LLC acquired a new position in shares of iShares Russell Mid-Cap ETF during the 2nd quarter valued at about $29,000. Traub Capital Management LLC acquired a new position in iShares Russell Mid-Cap ETF during the second quarter valued at approximately $37,000. Smartleaf Asset Management LLC grew its holdings in 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 purchasing an additional 263 shares during the last quarter. Cary Street Partners Investment Advisory LLC bought a new position in shares of iShares Russell Mid-Cap ETF in the third quarter valued at approximately $47,000. Finally, Financial Gravity Companies Inc. bought a new position in shares of iShares Russell Mid-Cap ETF in the second quarter valued at approximately $47,000. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Up 1.0%

Shares of iShares Russell Mid-Cap ETF stock opened at $98.02 on Tuesday. The firm has a fifty day simple moving average of $100.68 and a 200-day simple moving average of $97.80. The stock has a market capitalization of $46.88 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06. iShares Russell Mid-Cap ETF has a 1-year low of $73.17 and a 1-year high of $103.53.

About iShares Russell Mid-Cap ETF

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.