iShares Russell Mid-Cap ETF $IWR Shares Sold by Bessemer Group Inc.

Bessemer Group Inc. cut its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 5.1% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 132,847 shares of the company’s stock after selling 7,159 shares during the quarter. Bessemer Group Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $12,917,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. NFSG Corp grew its position in iShares Russell Mid-Cap ETF by 93.1% during the first quarter. NFSG Corp now owns 280 shares of the company’s stock worth $27,000 after buying an additional 135 shares during the period. HFM Investment Advisors LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF during the 4th quarter valued at approximately $28,000. Frazier Financial Advisors LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF during the 1st quarter valued at approximately $31,000. Reflection Asset Management acquired a new stake in shares of iShares Russell Mid-Cap ETF during the 4th quarter valued at approximately $33,000. Finally, Commonwealth Retirement Investments LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the 4th quarter worth approximately $41,000. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

IWR opened at $109.34 on Monday. The stock has a market cap of $56.75 billion, a P/E ratio of 21.00 and a beta of 1.00. The stock’s 50 day simple moving average is $107.82 and its 200 day simple moving average is $103.10. iShares Russell Mid-Cap ETF has a 1-year low of $91.36 and a 1-year high of $111.43.

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.