Truist Financial Corp Sells 51,083 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Truist Financial Corp cut its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 1.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,765,121 shares of the company’s stock after selling 51,083 shares during the quarter. Truist Financial Corp’s holdings in iShares Russell Mid-Cap ETF were worth $292,663,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Baystate Wealth Management LLC raised its stake in iShares Russell Mid-Cap ETF by 3.2% during the fourth quarter. Baystate Wealth Management LLC now owns 648,382 shares of the company’s stock worth $50,399,000 after acquiring an additional 20,400 shares in the last quarter. NBW Capital LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF during the 4th quarter worth about $298,000. Park Place Capital Corp lifted its holdings in iShares Russell Mid-Cap ETF by 30.9% during the 4th quarter. Park Place Capital Corp now owns 4,144 shares of the company’s stock valued at $322,000 after purchasing an additional 979 shares during the last quarter. Natixis Advisors L.P. raised its stake in shares of iShares Russell Mid-Cap ETF by 1,673.5% in the third quarter. Natixis Advisors L.P. now owns 1,032,192 shares of the company’s stock valued at $71,479,000 after acquiring an additional 973,991 shares during the last quarter. Finally, Claro Advisors LLC acquired a new position in shares of iShares Russell Mid-Cap ETF in the 4th quarter worth approximately $233,000.

iShares Russell Mid-Cap ETF Trading Up 0.3 %

NYSEARCA IWR traded up $0.22 during trading hours on Friday, reaching $80.49. 790,524 shares of the company’s stock were exchanged, compared to its average volume of 1,436,841. The firm has a fifty day moving average of $81.36 and a 200-day moving average of $76.30. iShares Russell Mid-Cap ETF has a one year low of $64.66 and a one year high of $84.33. The stock has a market cap of $33.16 billion, a PE ratio of 19.78 and a beta of 1.02.

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.