Truist Financial Corp Sells 120,656 Shares of iShares Russell Mid-Cap ETF $IWR

Truist Financial Corp cut its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 3.0% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,954,909 shares of the company’s stock after selling 120,656 shares during the period. Truist Financial Corp owned about 0.86% of iShares Russell Mid-Cap ETF worth $363,733,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of IWR. Brighton Jones LLC raised its position in iShares Russell Mid-Cap ETF by 4.2% during the 4th quarter. Brighton Jones LLC now owns 104,524 shares of the company’s stock valued at $9,240,000 after purchasing an additional 4,189 shares in the last quarter. Revolve Wealth Partners LLC purchased a new position in shares of iShares Russell Mid-Cap ETF in the 4th quarter valued at $323,000. Millennium Management LLC purchased a new position in shares of iShares Russell Mid-Cap ETF in the 4th quarter valued at $415,000. Rhumbline Advisers increased its holdings in shares of iShares Russell Mid-Cap ETF by 39.8% in the 1st quarter. Rhumbline Advisers now owns 16,418 shares of the company’s stock valued at $1,397,000 after acquiring an additional 4,677 shares during the period. Finally, Fiduciary Alliance LLC purchased a new position in shares of iShares Russell Mid-Cap ETF in the 1st quarter valued at $776,000. 80.16% of the stock is owned by institutional investors.

iShares Russell Mid-Cap ETF Trading Up 0.1%

Shares of NYSEARCA:IWR opened at $96.55 on Wednesday. iShares Russell Mid-Cap ETF has a 12-month low of $73.17 and a 12-month high of $97.59. The business’s fifty day simple moving average is $95.24 and its 200-day simple moving average is $90.08. The company has a market capitalization of $44.41 billion, a PE ratio of 21.00 and a beta of 1.09.

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.