XML Financial LLC Sells 6,771 Shares of iShares Russell Mid-Cap ETF $IWR

XML Financial LLC lowered its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.8% during the 1st quarter, Holdings Channel reports. The fund owned 237,554 shares of the company’s stock after selling 6,771 shares during the period. iShares Russell Mid-Cap ETF makes up approximately 1.9% of XML Financial LLC’s portfolio, making the stock its 9th largest holding. XML Financial LLC’s holdings in iShares Russell Mid-Cap ETF were worth $23,097,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

iShares Russell Mid-Cap ETF Stock Performance

Shares of IWR opened at $108.54 on Monday. The business’s 50-day moving average price is $105.34 and its 200 day moving average price is $101.35. The stock has a market capitalization of $54.60 billion, a P/E ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a 1-year low of $88.83 and a 1-year high of $110.22.

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.