Chapin Davis Inc. Sells 15,986 Shares of iShares Russell Mid-Cap ETF $IWR

Chapin Davis Inc. decreased its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 43.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,906 shares of the company’s stock after selling 15,986 shares during the period. Chapin Davis Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $2,306,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of IWR. Bank of America Corp DE lifted its stake in shares of iShares Russell Mid-Cap ETF by 6.6% in the 4th quarter. Bank of America Corp DE now owns 66,569,630 shares of the company’s stock valued at $6,408,658,000 after purchasing an additional 4,145,765 shares during the last quarter. Wells Fargo & Company MN boosted its position in iShares Russell Mid-Cap ETF by 3.6% in the 4th quarter. Wells Fargo & Company MN now owns 41,686,088 shares of the company’s stock valued at $4,013,120,000 after buying an additional 1,438,369 shares during the period. Morgan Stanley increased its holdings in iShares Russell Mid-Cap ETF by 4.5% during the 4th quarter. Morgan Stanley now owns 10,797,769 shares of the company’s stock worth $1,039,501,000 after purchasing an additional 460,088 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of iShares Russell Mid-Cap ETF by 7.6% in the fourth quarter. Bank of New York Mellon Corp now owns 10,779,440 shares of the company’s stock valued at $1,037,737,000 after acquiring an additional 756,994 shares in the last quarter. Finally, Northern Trust Corp raised its holdings in shares of iShares Russell Mid-Cap ETF by 5.4% in the 4th quarter. Northern Trust Corp now owns 10,331,591 shares of the company’s stock valued at $994,622,000 after purchasing an additional 526,956 shares in the last quarter. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Down 0.5%

iShares Russell Mid-Cap ETF stock opened at $112.31 on Thursday. iShares Russell Mid-Cap ETF has a twelve month low of $91.64 and a twelve month high of $113.39. The business has a fifty day moving average of $109.14 and a two-hundred day moving average of $104.13. The firm has a market cap of $56.96 billion, a P/E ratio of 21.00 and a beta of 1.00.

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. 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.