Bessemer Group Inc. Sells 13,275 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Bessemer Group Inc. trimmed its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 17.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 60,817 shares of the company’s stock after selling 13,275 shares during the quarter. Bessemer Group Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $5,376,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Jones Financial Companies Lllp lifted its holdings in shares of iShares Russell Mid-Cap ETF by 44.7% in the 4th quarter. Jones Financial Companies Lllp now owns 62,207,278 shares of the company’s stock worth $5,499,123,000 after purchasing an additional 19,216,938 shares in the last quarter. Wells Fargo & Company MN raised its holdings in iShares Russell Mid-Cap ETF by 2.7% during the fourth quarter. Wells Fargo & Company MN now owns 34,162,440 shares of the company’s stock worth $3,019,960,000 after buying an additional 894,376 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of iShares Russell Mid-Cap ETF by 2.9% in the third quarter. JPMorgan Chase & Co. now owns 7,059,914 shares of the company’s stock valued at $622,261,000 after buying an additional 198,719 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in shares of iShares Russell Mid-Cap ETF by 1.0% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 4,071,476 shares of the company’s stock valued at $359,919,000 after buying an additional 39,899 shares during the last quarter. Finally, Truist Financial Corp increased its position in shares of iShares Russell Mid-Cap ETF by 1.7% during the fourth 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 in the last quarter.

iShares Russell Mid-Cap ETF Price Performance

IWR opened at $79.64 on Friday. iShares Russell Mid-Cap ETF has a fifty-two week low of $73.17 and a fifty-two week high of $96.01. The firm has a market capitalization of $35.64 billion, a PE ratio of 20.81 and a beta of 1.13. The company’s 50-day moving average is $86.46 and its 200 day moving average is $89.22.

iShares Russell Mid-Cap ETF Company Profile

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.