iShares Russell Mid-Cap ETF $IWR Shares Sold by Private Wealth Asset Management LLC

Private Wealth Asset Management LLC lessened its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 3.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 140,225 shares of the company’s stock after selling 5,525 shares during the quarter. iShares Russell Mid-Cap ETF accounts for about 1.6% of Private Wealth Asset Management LLC’s portfolio, making the stock its 11th largest holding. Private Wealth Asset Management LLC’s holdings in iShares Russell Mid-Cap ETF were worth $13,539,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Bank of New York Mellon Corp lifted its holdings in iShares Russell Mid-Cap ETF by 1.2% in the third quarter. Bank of New York Mellon Corp now owns 10,022,446 shares of the company’s stock valued at $967,667,000 after acquiring an additional 123,124 shares during the period. 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 valued at $404,969,000 after purchasing an additional 239,492 shares during the period. Ameriprise Financial Inc. boosted its holdings in iShares Russell Mid-Cap ETF by 4.4% during the second quarter. Ameriprise Financial Inc. now owns 3,540,276 shares of the company’s stock worth $331,052,000 after buying an additional 147,857 shares in the last quarter. Raymond James Financial Inc. grew its position in iShares Russell Mid-Cap ETF by 1.1% during the second quarter. Raymond James Financial Inc. now owns 2,709,795 shares of the company’s stock valued at $249,220,000 after buying an additional 28,792 shares during the period. Finally, Johnson Investment Counsel Inc. raised its position in shares of iShares Russell Mid-Cap ETF by 1.1% in the second quarter. Johnson Investment Counsel Inc. now owns 2,614,856 shares of the company’s stock worth $240,488,000 after acquiring an additional 29,418 shares during the period. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Down 0.3%

NYSEARCA:IWR opened at $100.19 on Thursday. The stock has a market capitalization of $47.87 billion, a PE ratio of 21.00 and a beta of 1.06. iShares Russell Mid-Cap ETF has a 52 week low of $73.17 and a 52 week high of $101.73. The stock’s 50-day moving average price is $97.93 and its 200-day moving average price is $96.22.

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.