SlateStone Wealth LLC Reduces Stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

SlateStone Wealth LLC lowered its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 1.7% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 15,252 shares of the company’s stock after selling 258 shares during the period. SlateStone Wealth LLC’s holdings in iShares Russell Mid-Cap ETF were worth $1,348,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. Jones Financial Companies Lllp lifted its holdings in iShares Russell Mid-Cap ETF by 44.7% in the fourth quarter. Jones Financial Companies Lllp now owns 62,207,278 shares of the company’s stock valued at $5,499,123,000 after acquiring an additional 19,216,938 shares during the period. JPMorgan Chase & Co. raised its stake in shares of iShares Russell Mid-Cap ETF by 2.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 7,059,914 shares of the company’s stock worth $622,261,000 after buying an additional 198,719 shares during the period. Envestnet Portfolio Solutions Inc. raised its stake in shares of iShares Russell Mid-Cap ETF by 1.0% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 4,071,476 shares of the company’s stock worth $359,919,000 after buying an additional 39,899 shares during the period. Truist Financial Corp raised its stake in shares of iShares Russell Mid-Cap ETF by 1.7% during the 4th quarter. Truist Financial Corp now owns 3,674,764 shares of the company’s stock worth $324,849,000 after buying an additional 62,030 shares during the period. Finally, FMR LLC raised its stake in shares of iShares Russell Mid-Cap ETF by 2.2% during the 3rd quarter. FMR LLC now owns 2,872,877 shares of the company’s stock worth $253,215,000 after buying an additional 63,048 shares during the period.

iShares Russell Mid-Cap ETF Price Performance

Shares of IWR stock opened at $84.87 on Monday. The company has a market cap of $37.19 billion, a price-to-earnings ratio of 20.66 and a beta of 1.13. The stock has a 50 day simple moving average of $90.01 and a 200-day simple moving average of $89.76. iShares Russell Mid-Cap ETF has a 1-year low of $78.36 and a 1-year high of $96.00.

iShares Russell Mid-Cap ETF Company Profile

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.