Wedbush Securities Inc. Sells 6,151 Shares of iShares Russell Mid-Cap ETF $IWR

Wedbush Securities Inc. cut its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 72.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,309 shares of the company’s stock after selling 6,151 shares during the period. Wedbush Securities Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $223,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. First Horizon Corp bought a new position in shares of iShares Russell Mid-Cap ETF in the third quarter valued at about $10,431,000. D.A. Davidson & CO. grew its stake in iShares Russell Mid-Cap ETF by 2.0% in the 3rd quarter. D.A. Davidson & CO. now owns 318,885 shares of the company’s stock valued at $30,788,000 after buying an additional 6,307 shares during the last quarter. Ashton Thomas Securities LLC acquired a new position in iShares Russell Mid-Cap ETF in the 3rd quarter valued at about $810,000. Assetmark Inc. raised its holdings in iShares Russell Mid-Cap ETF by 65.4% in the 2nd quarter. Assetmark Inc. now owns 5,190 shares of the company’s stock valued at $477,000 after acquiring an additional 2,053 shares during the period. Finally, Allspring Global Investments Holdings LLC lifted its position in iShares Russell Mid-Cap ETF by 156.2% during the third quarter. Allspring Global Investments Holdings LLC now owns 15,134 shares of the company’s stock worth $1,461,000 after acquiring an additional 9,228 shares during the last quarter. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Down 0.1%

Shares of NYSEARCA:IWR opened at $101.66 on Wednesday. iShares Russell Mid-Cap ETF has a 12-month low of $73.17 and a 12-month high of $103.29. The business has a 50 day moving average of $99.34 and a 200-day moving average of $96.92. The stock has a market cap of $48.62 billion, a PE ratio of 21.00 and a beta of 1.06.

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. 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.