Investors Research Corp lessened its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) by 44.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,034 shares of the company’s stock after selling 5,606 shares during the period. Investors Research Corp’s holdings in iShares Russell Mid-Cap ETF were worth $751,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also modified their holdings of IWR. LPL Financial LLC lifted its stake in iShares Russell Mid-Cap ETF by 9.8% in the 4th quarter. LPL Financial LLC now owns 3,520,066 shares of the company’s stock worth $338,877,000 after acquiring an additional 313,199 shares in the last quarter. Focus Partners Wealth grew its stake in iShares Russell Mid-Cap ETF by 6.9% during the 4th quarter. Focus Partners Wealth now owns 501,958 shares of the company’s stock valued at $48,325,000 after acquiring an additional 32,367 shares in the last quarter. Rare Wolf Capital LLC purchased a new position in iShares Russell Mid-Cap ETF during the 4th quarter valued at about $1,073,000. First National Bank of Omaha increased its holdings in shares of iShares Russell Mid-Cap ETF by 376.9% in the 4th quarter. First National Bank of Omaha now owns 62,581 shares of the company’s stock valued at $6,071,000 after purchasing an additional 49,459 shares during the period. Finally, Montgomery Financial Services LLC acquired a new position in shares of iShares Russell Mid-Cap ETF in the 2nd quarter valued at about $1,670,000. 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 traded down $1.21 during mid-day trading on Wednesday, reaching $108.47. The company had a trading volume of 936,515 shares, compared to its average volume of 2,225,370. The stock has a fifty day moving average of $110.85 and a two-hundred day moving average of $107.28. The company has a market capitalization of $55.95 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a 12-month low of $91.64 and a 12-month high of $114.97.
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.
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