US Bancorp DE Trims Holdings in iShares Russell Mid-Cap ETF $IWR

US Bancorp DE reduced its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,639,666 shares of the company’s stock after selling 278,823 shares during the period. iShares Russell Mid-Cap ETF accounts for about 1.6% of US Bancorp DE’s investment portfolio, making the stock its 13th largest holding. US Bancorp DE owned about 2.91% of iShares Russell Mid-Cap ETF worth $1,316,910,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Jones Financial Companies Lllp boosted its position in shares of 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 worth $7,245,741,000 after purchasing an additional 5,633,614 shares in the last quarter. Bank of New York Mellon Corp raised its stake 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 valued at $967,667,000 after buying an additional 123,124 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings 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 worth $639,525,000 after acquiring an additional 47,842 shares in the last quarter. Truist Financial Corp grew its stake in shares of 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 worth $404,969,000 after acquiring an additional 239,492 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of iShares Russell Mid-Cap ETF by 4.4% during the second quarter. Ameriprise Financial Inc. now owns 3,540,276 shares of the company’s stock valued at $331,052,000 after acquiring an additional 147,857 shares in the last quarter. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

Shares of iShares Russell Mid-Cap ETF stock opened at $102.63 on Thursday. The stock has a market cap of $49.08 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06. The firm’s 50-day moving average is $99.91 and its 200 day moving average is $97.27. iShares Russell Mid-Cap ETF has a 1 year low of $73.17 and a 1 year high of $103.38.

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.