iShares Russell Mid-Cap ETF (NYSEARCA:IWR) Position Trimmed by Goodwin Investment Advisory

Goodwin Investment Advisory trimmed its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 78.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 49,356 shares of the company’s stock after selling 183,558 shares during the period. iShares Russell Mid-Cap ETF makes up approximately 2.2% of Goodwin Investment Advisory’s holdings, making the stock its 9th largest position. Goodwin Investment Advisory’s holdings in iShares Russell Mid-Cap ETF were worth $4,241,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. JPMorgan Chase & Co. raised its stake in iShares Russell Mid-Cap ETF by 2.9% during the third quarter. JPMorgan Chase & Co. now owns 7,059,914 shares of the company’s stock valued at $622,261,000 after buying an additional 198,719 shares during the last quarter. Truist Financial Corp raised its position in shares of iShares Russell Mid-Cap ETF by 1.7% in the 4th quarter. Truist Financial Corp now owns 3,674,764 shares of the company’s stock worth $324,849,000 after purchasing an additional 62,030 shares during the last quarter. FMR LLC raised its position in shares of iShares Russell Mid-Cap ETF by 2.2% in the 3rd quarter. FMR LLC now owns 2,872,877 shares of the company’s stock worth $253,215,000 after purchasing an additional 63,048 shares during the last quarter. Oakworth Capital Inc. boosted its stake in iShares Russell Mid-Cap ETF by 1.9% in the 4th quarter. Oakworth Capital Inc. now owns 1,113,122 shares of the company’s stock worth $98,400,000 after purchasing an additional 20,237 shares in the last quarter. Finally, Synovus Financial Corp grew its position in iShares Russell Mid-Cap ETF by 0.5% during the 3rd quarter. Synovus Financial Corp now owns 1,041,917 shares of the company’s stock valued at $91,835,000 after purchasing an additional 5,247 shares during the last quarter.

iShares Russell Mid-Cap ETF Stock Performance

Shares of iShares Russell Mid-Cap ETF stock opened at $89.46 on Friday. The company has a 50-day simple moving average of $90.72 and a two-hundred day simple moving average of $89.63. The stock has a market capitalization of $38.94 billion, a PE ratio of 21.79 and a beta of 1.12. iShares Russell Mid-Cap ETF has a 52-week low of $78.36 and a 52-week high of $96.00.

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.