Checchi Capital Advisers LLC Lowers Stock Holdings in iShares Russell Mid-Cap ETF $IWR

Checchi Capital Advisers LLC reduced its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 6.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,444 shares of the company’s stock after selling 312 shares during the period. Checchi Capital Advisers LLC’s holdings in iShares Russell Mid-Cap ETF were worth $409,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Jones Financial Companies Lllp grew its stake in iShares Russell Mid-Cap ETF by 6.9% in the first quarter. Jones Financial Companies Lllp now owns 66,497,354 shares of the company’s stock worth $5,628,396,000 after purchasing an additional 4,290,076 shares in the last quarter. US Bancorp DE raised its position in iShares Russell Mid-Cap ETF by 2.2% during the 1st quarter. US Bancorp DE now owns 19,325,451 shares of the company’s stock valued at $1,644,034,000 after purchasing an additional 418,491 shares in the last quarter. Northern Trust Corp lifted its holdings in shares of iShares Russell Mid-Cap ETF by 0.8% in the 1st quarter. Northern Trust Corp now owns 9,371,071 shares of the company’s stock worth $797,197,000 after buying an additional 75,638 shares during the period. Baird Financial Group Inc. grew its position in shares of iShares Russell Mid-Cap ETF by 1.8% during the 1st quarter. Baird Financial Group Inc. now owns 8,218,663 shares of the company’s stock worth $699,162,000 after buying an additional 142,576 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its position in shares of iShares Russell Mid-Cap ETF by 11.7% during the 1st quarter. Bank of New York Mellon Corp now owns 8,018,338 shares of the company’s stock worth $682,120,000 after buying an additional 840,839 shares in the last quarter. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

IWR stock opened at $97.30 on Tuesday. iShares Russell Mid-Cap ETF has a 1-year low of $73.17 and a 1-year high of $97.80. The business has a 50-day moving average price of $95.40 and a 200 day moving average price of $90.42. The company has a market capitalization of $45.29 billion, a P/E ratio of 21.00 and a beta of 1.09.

About iShares Russell Mid-Cap ETF

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.