Royal Bank of Canada Sells 37,150 Shares of iShares Russell Mid-Cap ETF $IWR

Royal Bank of Canada lowered its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 0.5% during the 1st quarter, HoldingsChannel.com reports. The firm owned 7,874,760 shares of the company’s stock after selling 37,150 shares during the quarter. Royal Bank of Canada’s holdings in iShares Russell Mid-Cap ETF were worth $765,663,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of IWR. Allspring Global Investments Holdings LLC grew its holdings in iShares Russell Mid-Cap ETF by 163.8% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 39,916 shares of the company’s stock valued at $3,885,000 after purchasing an additional 24,782 shares during the last quarter. AE Wealth Management LLC lifted its stake in iShares Russell Mid-Cap ETF by 7.5% in the fourth quarter. AE Wealth Management LLC now owns 308,358 shares of the company’s stock worth $29,686,000 after purchasing an additional 21,572 shares during the last quarter. Shelton Wealth Management LLC lifted its stake in iShares Russell Mid-Cap ETF by 27.2% in the fourth quarter. Shelton Wealth Management LLC now owns 78,830 shares of the company’s stock worth $7,589,000 after purchasing an additional 16,864 shares during the last quarter. Ascent Group LLC lifted its stake in iShares Russell Mid-Cap ETF by 8.8% in the fourth quarter. Ascent Group LLC now owns 127,527 shares of the company’s stock worth $12,277,000 after purchasing an additional 10,367 shares during the last quarter. Finally, CCG Wealth Management LLC boosted its position in shares of iShares Russell Mid-Cap ETF by 4.4% during the fourth quarter. CCG Wealth Management LLC now owns 237,452 shares of the company’s stock valued at $22,860,000 after buying an additional 9,950 shares during the period. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

IWR opened at $110.72 on Wednesday. The stock has a market cap of $56.59 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00. The stock’s 50 day moving average price is $108.53 and its 200-day moving average price is $103.68. iShares Russell Mid-Cap ETF has a one year low of $91.36 and a one year high of $111.43.

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.