iShares Russell Mid-Cap ETF (NYSEARCA:IWR) Position Lowered by Truist Financial Corp

Truist Financial Corp trimmed its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 1.3% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,765,121 shares of the company’s stock after selling 51,083 shares during the period. Truist Financial Corp owned 0.95% of iShares Russell Mid-Cap ETF worth $292,663,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of IWR. New England Private Wealth Advisors LLC grew its position in shares of iShares Russell Mid-Cap ETF by 0.9% in the 4th quarter. New England Private Wealth Advisors LLC now owns 55,858 shares of the company’s stock worth $4,342,000 after acquiring an additional 501 shares in the last quarter. Rodgers & Associates LTD acquired a new position in iShares Russell Mid-Cap ETF in the fourth quarter worth $201,000. Nadler Financial Group Inc. increased its stake in iShares Russell Mid-Cap ETF by 1.2% during the fourth quarter. Nadler Financial Group Inc. now owns 63,487 shares of the company’s stock valued at $4,935,000 after purchasing an additional 754 shares during the last quarter. Lyell Wealth Management LP raised its holdings in shares of iShares Russell Mid-Cap ETF by 47.9% during the fourth quarter. Lyell Wealth Management LP now owns 15,737 shares of the company’s stock worth $1,223,000 after purchasing an additional 5,097 shares during the period. Finally, Carret Asset Management LLC raised its holdings in shares of iShares Russell Mid-Cap ETF by 1.7% during the fourth quarter. Carret Asset Management LLC now owns 71,066 shares of the company’s stock worth $5,524,000 after purchasing an additional 1,191 shares during the period.

iShares Russell Mid-Cap ETF Stock Performance

Shares of NYSEARCA IWR traded up $0.22 during midday trading on Friday, hitting $80.49. The company’s stock had a trading volume of 790,524 shares, compared to its average volume of 1,436,841. iShares Russell Mid-Cap ETF has a 1-year low of $64.66 and a 1-year high of $84.33. The firm’s fifty day moving average price is $81.36 and its 200-day moving average price is $76.30. The firm has a market cap of $33.16 billion, a P/E ratio of 19.78 and a beta of 1.02.

iShares Russell Mid-Cap ETF 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.