iShares Russell Mid-Cap ETF $IWR Stake Trimmed by Millburn Ridgefield LLC DE

Millburn Ridgefield LLC DE lessened its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 6.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 685,140 shares of the company’s stock after selling 47,618 shares during the period. iShares Russell Mid-Cap ETF comprises 1.6% of Millburn Ridgefield LLC DE’s investment portfolio, making the stock its 16th largest holding. Millburn Ridgefield LLC DE owned about 0.15% of iShares Russell Mid-Cap ETF worth $66,150,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Register Financial Advisors LLC increased its position in shares of iShares Russell Mid-Cap ETF by 2.0% in the second quarter. Register Financial Advisors LLC now owns 5,444 shares of the company’s stock worth $501,000 after acquiring an additional 109 shares in the last quarter. Welch & Forbes LLC boosted its stake in iShares Russell Mid-Cap ETF by 0.5% in the 2nd quarter. Welch & Forbes LLC now owns 22,727 shares of the company’s stock worth $2,090,000 after purchasing an additional 110 shares during the period. Meridian Wealth Management LLC boosted its stake in iShares Russell Mid-Cap ETF by 0.5% in the 2nd quarter. Meridian Wealth Management LLC now owns 20,962 shares of the company’s stock worth $1,928,000 after purchasing an additional 112 shares during the period. Heritage Financial Services LLC grew its position in iShares Russell Mid-Cap ETF by 3.8% during the 2nd quarter. Heritage Financial Services LLC now owns 3,129 shares of the company’s stock worth $288,000 after purchasing an additional 114 shares in the last quarter. Finally, Endeavor Private Wealth Inc. raised its stake in iShares Russell Mid-Cap ETF by 2.9% during the 2nd quarter. Endeavor Private Wealth Inc. now owns 4,219 shares of the company’s stock valued at $388,000 after purchasing an additional 117 shares during the period. 80.16% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Stock Up 0.2%

IWR opened at $101.03 on Friday. The firm has a market capitalization of $48.30 billion, a P/E ratio of 21.00 and a beta of 1.06. The stock has a fifty day moving average of $97.38 and a 200-day moving average of $96.01. iShares Russell Mid-Cap ETF has a 12-month low of $73.17 and a 12-month high of $101.73.

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.