Steph & Co. Has $10.88 Million Stake in iShares Russell Mid-Cap ETF $IWR

Steph & Co. cut its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 15.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 111,846 shares of the company’s stock after selling 19,734 shares during the period. iShares Russell Mid-Cap ETF accounts for about 3.1% of Steph & Co.’s investment portfolio, making the stock its 5th biggest position. Steph & Co.’s holdings in iShares Russell Mid-Cap ETF were worth $10,875,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in IWR. Corepath Wealth Partners LLC raised its stake in shares of iShares Russell Mid-Cap ETF by 282.0% in the third quarter. Corepath Wealth Partners LLC now owns 17,110 shares of the company’s stock worth $1,665,000 after acquiring an additional 12,631 shares during the last quarter. Tompkins Financial Corp grew its stake in shares of iShares Russell Mid-Cap ETF by 465.7% during the fourth quarter. Tompkins Financial Corp now owns 116,276 shares of the company’s stock valued at $11,194,000 after purchasing an additional 95,723 shares during the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of iShares Russell Mid-Cap ETF by 163.8% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 39,916 shares of the company’s stock valued at $3,885,000 after purchasing an additional 24,782 shares in the last quarter. Argentarii LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at approximately $1,397,000. Finally, Becker Capital Management Inc. bought a new position in iShares Russell Mid-Cap ETF in the 3rd quarter worth approximately $1,173,000. 80.16% of the stock is owned by institutional investors.

iShares Russell Mid-Cap ETF Stock Performance

NYSEARCA:IWR opened at $107.84 on Wednesday. The stock’s fifty day moving average price is $105.64 and its two-hundred day moving average price is $101.52. iShares Russell Mid-Cap ETF has a 52-week low of $90.47 and a 52-week high of $110.22. The company has a market cap of $54.24 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00.

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. 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.