Northwestern Mutual Wealth Management Co. Reduces Stock Position in iShares Russell Mid-Cap ETF $IWR

Northwestern Mutual Wealth Management Co. cut its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 41.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 629,786 shares of the company’s stock after selling 440,162 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares Russell Mid-Cap ETF were worth $60,629,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the business. Brighton Jones LLC increased its stake in shares of iShares Russell Mid-Cap ETF by 4.2% during the fourth quarter. Brighton Jones LLC now owns 104,524 shares of the company’s stock valued at $9,240,000 after buying an additional 4,189 shares during the period. Revolve Wealth Partners LLC purchased a new stake in iShares Russell Mid-Cap ETF in the fourth quarter worth $323,000. Quantbot Technologies LP purchased a new stake in iShares Russell Mid-Cap ETF in the second quarter worth $64,000. Qube Research & Technologies Ltd boosted its holdings in iShares Russell Mid-Cap ETF by 581.4% in the second quarter. Qube Research & Technologies Ltd now owns 9,253 shares of the company’s stock valued at $851,000 after acquiring an additional 7,895 shares in the last quarter. Finally, Ieq Capital LLC boosted its holdings in iShares Russell Mid-Cap ETF by 2.6% in the second quarter. Ieq Capital LLC now owns 86,647 shares of the company’s stock valued at $7,969,000 after acquiring an additional 2,199 shares in the last quarter. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

Shares of NYSEARCA IWR opened at $103.69 on Monday. iShares Russell Mid-Cap ETF has a 12 month low of $86.89 and a 12 month high of $106.43. The firm has a market capitalization of $52.16 billion, a PE ratio of 21.00 and a beta of 1.01. The firm has a fifty day simple moving average of $100.88 and a two-hundred day simple moving average of $99.27.

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.