This reduction in holdings suggests a potential shift in the firm’s investment strategy, possibly indicating a change in market outlook or a reassessment of the ETF’s performance. The iShares Russell Mid-Cap ETF tracks the performance of the Russell Mid-Cap Index, which includes 600 mid-cap companies from the United States. The ETF provides investors with exposure to a diversified portfolio of mid-cap stocks, offering potential for growth and income.

IWR is an exchange-traded fund (ETF) that tracks the performance of the Russell Mid-Cap Index. The ETF is designed to provide investors with exposure to the mid-cap segment of the U.S. stock market. The Russell Mid-Cap Index is a market-capitalization-weighted index that includes companies with a market capitalization between $2 billion and $10 billion. This index is considered a benchmark for the mid-cap segment of the U.S. IWR is a passively managed ETF, meaning that it tracks the underlying index without actively trading its holdings. This passive approach allows IWR to minimize trading costs and maximize returns for investors.