Thrivent Financial for Lutherans Trims Stock Holdings in iShares Russell Mid-Cap ETF $IWR

Thrivent Financial for Lutherans decreased its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 22.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 227,925 shares of the company’s stock after selling 64,871 shares during the quarter. Thrivent Financial for Lutherans’ holdings in iShares Russell Mid-Cap ETF were worth $22,089,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Piscataqua Savings Bank raised its stake in iShares Russell Mid-Cap ETF by 11.1% during the 4th quarter. Piscataqua Savings Bank now owns 1,000 shares of the company’s stock worth $96,000 after acquiring an additional 100 shares during the period. Welch & Forbes LLC raised its stake in iShares Russell Mid-Cap ETF by 0.5% during the 3rd quarter. Welch & Forbes LLC now owns 22,832 shares of the company’s stock worth $2,204,000 after acquiring an additional 105 shares during the period. Hollencrest Capital Management lifted its stake in shares of iShares Russell Mid-Cap ETF by 1.7% during the 3rd quarter. Hollencrest Capital Management now owns 6,226 shares of the company’s stock valued at $601,000 after buying an additional 106 shares in the last quarter. Cornerstone Wealth Management LLC lifted its stake in shares of iShares Russell Mid-Cap ETF by 0.5% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 21,223 shares of the company’s stock valued at $2,049,000 after buying an additional 114 shares in the last quarter. Finally, Objectivity Squared LLC lifted its stake in shares of iShares Russell Mid-Cap ETF by 3.7% during the 3rd quarter. Objectivity Squared LLC now owns 3,304 shares of the company’s stock valued at $319,000 after buying an additional 117 shares in the last quarter. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

IWR opened at $103.69 on Monday. iShares Russell Mid-Cap ETF has a fifty-two week low of $86.89 and a fifty-two week high of $106.43. The firm’s fifty day moving average is $100.88 and its 200 day moving average is $99.27. The stock has a market cap of $52.16 billion, a price-to-earnings ratio of 21.00 and a beta of 1.01.

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.