Narus Financial Partners LLC Sells 16,048 Shares of iShares Russell Mid-Cap ETF $IWR

Narus Financial Partners LLC lowered its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 59.7% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 10,839 shares of the company’s stock after selling 16,048 shares during the quarter. Narus Financial Partners LLC’s holdings in iShares Russell Mid-Cap ETF were worth $1,047,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Jones Financial Companies Lllp lifted its holdings in iShares Russell Mid-Cap ETF by 8.1% in the third quarter. Jones Financial Companies Lllp now owns 75,344,008 shares of the company’s stock valued at $7,245,741,000 after acquiring an additional 5,633,614 shares during the period. Bank of New York Mellon Corp grew its stake in shares of iShares Russell Mid-Cap ETF by 1.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 10,022,446 shares of the company’s stock valued at $967,667,000 after purchasing an additional 123,124 shares during the period. Northern Trust Corp increased its position in shares of iShares Russell Mid-Cap ETF by 1.4% during the 3rd quarter. Northern Trust Corp now owns 9,804,635 shares of the company’s stock valued at $946,638,000 after purchasing an additional 134,966 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of iShares Russell Mid-Cap ETF by 0.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,623,770 shares of the company’s stock valued at $639,525,000 after purchasing an additional 47,842 shares during the last quarter. Finally, Truist Financial Corp lifted its stake in shares of iShares Russell Mid-Cap ETF by 6.1% in the 3rd quarter. Truist Financial Corp now owns 4,194,401 shares of the company’s stock worth $404,969,000 after purchasing an additional 239,492 shares during the period. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Down 1.1%

IWR opened at $97.46 on Thursday. The company has a market cap of $46.61 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06. The company’s 50 day moving average is $100.63 and its 200 day moving average is $97.81. iShares Russell Mid-Cap ETF has a 12-month low of $73.17 and a 12-month 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.