Cypress Capital Group Sells 5,422 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Cypress Capital Group trimmed its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 24.6% in the fourth quarter, Holdings Channel reports. The firm owned 16,662 shares of the company’s stock after selling 5,422 shares during the quarter. Cypress Capital Group’s holdings in iShares Russell Mid-Cap ETF were worth $1,473,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of IWR. Jones Financial Companies Lllp boosted its stake in shares of iShares Russell Mid-Cap ETF by 44.7% during the 4th quarter. Jones Financial Companies Lllp now owns 62,207,278 shares of the company’s stock worth $5,499,123,000 after acquiring an additional 19,216,938 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of iShares Russell Mid-Cap ETF by 2.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 7,059,914 shares of the company’s stock worth $622,261,000 after acquiring an additional 198,719 shares during the period. Truist Financial Corp boosted its stake in shares of iShares Russell Mid-Cap ETF by 1.7% during the 4th quarter. Truist Financial Corp now owns 3,674,764 shares of the company’s stock worth $324,849,000 after acquiring an additional 62,030 shares during the period. FMR LLC boosted its stake in shares of iShares Russell Mid-Cap ETF by 2.2% during the 3rd quarter. FMR LLC now owns 2,872,877 shares of the company’s stock worth $253,215,000 after acquiring an additional 63,048 shares during the period. Finally, Oakworth Capital Inc. boosted its stake in shares of iShares Russell Mid-Cap ETF by 1.9% during the 4th quarter. Oakworth Capital Inc. now owns 1,113,122 shares of the company’s stock worth $98,400,000 after acquiring an additional 20,237 shares during the period.

iShares Russell Mid-Cap ETF Trading Down 1.5 %

Shares of NYSEARCA IWR opened at $86.75 on Wednesday. iShares Russell Mid-Cap ETF has a 12 month low of $78.36 and a 12 month high of $96.00. The stock has a 50 day moving average of $90.63 and a 200-day moving average of $89.78. The company has a market capitalization of $37.76 billion, a P/E ratio of 21.79 and a beta of 1.12.

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.