Earnest Partners LLC Has $1.47 Million Position in iShares Russell Mid-Cap ETF $IWR

Earnest Partners LLC cut its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 27.9% during the 3rd quarter, Holdings Channel reports. The firm owned 15,169 shares of the company’s stock after selling 5,858 shares during the quarter. Earnest Partners LLC’s holdings in iShares Russell Mid-Cap ETF were worth $1,465,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Jones Financial Companies Lllp lifted its stake in iShares Russell Mid-Cap ETF by 8.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 75,344,008 shares of the company’s stock valued at $7,245,741,000 after purchasing an additional 5,633,614 shares during the last quarter. Bank of New York Mellon Corp increased its position in iShares Russell Mid-Cap ETF by 1.2% during the third quarter. Bank of New York Mellon Corp now owns 10,022,446 shares of the company’s stock worth $967,667,000 after buying an additional 123,124 shares during the last quarter. JPMorgan Chase & Co. raised its stake in iShares Russell Mid-Cap ETF by 0.7% in the third quarter. JPMorgan Chase & Co. now owns 6,623,770 shares of the company’s stock valued at $639,525,000 after buying an additional 47,842 shares during the period. Truist Financial Corp raised its stake in iShares Russell Mid-Cap ETF by 6.1% in the third quarter. Truist Financial Corp now owns 4,194,401 shares of the company’s stock valued at $404,969,000 after buying an additional 239,492 shares during the period. Finally, Ameriprise Financial Inc. lifted its position in shares of iShares Russell Mid-Cap ETF by 4.4% in the second quarter. Ameriprise Financial Inc. now owns 3,540,276 shares of the company’s stock valued at $331,052,000 after buying an additional 147,857 shares during the last quarter. 80.16% of the stock is owned by institutional investors.

iShares Russell Mid-Cap ETF Trading Up 1.0%

Shares of NYSEARCA IWR opened at $98.02 on Tuesday. iShares Russell Mid-Cap ETF has a 12 month low of $73.17 and a 12 month high of $103.53. The stock has a 50 day moving average of $100.68 and a 200-day moving average of $97.80. The company has a market capitalization of $46.88 billion, a P/E 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.