iShares Russell Mid-Cap ETF $IWR Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp cut its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 0.5% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,727,281 shares of the company’s stock after selling 52,159 shares during the period. Bank of New York Mellon Corp owned about 2.13% of iShares Russell Mid-Cap ETF worth $1,043,014,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its holdings in shares of iShares Russell Mid-Cap ETF by 6.6% in the fourth quarter. Bank of America Corp DE now owns 66,569,630 shares of the company’s stock valued at $6,408,658,000 after purchasing an additional 4,145,765 shares in the last quarter. CIBC Bancorp USA Inc. purchased a new position in shares of iShares Russell Mid-Cap ETF during the 3rd quarter worth approximately $285,568,000. Wells Fargo & Company MN raised its position in shares of iShares Russell Mid-Cap ETF by 3.6% during the 4th quarter. Wells Fargo & Company MN now owns 41,686,088 shares of the company’s stock worth $4,013,120,000 after purchasing an additional 1,438,369 shares during the last quarter. Royal Bank of Canada raised its position in shares of iShares Russell Mid-Cap ETF by 12.9% during the 4th quarter. Royal Bank of Canada now owns 7,911,910 shares of the company’s stock worth $761,679,000 after purchasing an additional 905,157 shares during the last quarter. Finally, Northern Trust Corp lifted its stake in iShares Russell Mid-Cap ETF by 5.4% in the 4th quarter. Northern Trust Corp now owns 10,331,591 shares of the company’s stock valued at $994,622,000 after buying an additional 526,956 shares in the last quarter. 80.16% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Stock Performance

Shares of NYSEARCA:IWR opened at $109.51 on Thursday. The business’s fifty day moving average price is $107.64 and its two-hundred day moving average price is $102.93. The stock has a market cap of $56.63 billion, a PE ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a one year low of $91.36 and a one 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.