D.A. Davidson & CO. Cuts Stock Holdings in iShares Russell Mid-Cap ETF $IWR

D.A. Davidson & CO. decreased its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 0.7% during the second quarter, according to its most recent filing with the SEC. The firm owned 312,578 shares of the company’s stock after selling 2,229 shares during the period. D.A. Davidson & CO. owned 0.07% of iShares Russell Mid-Cap ETF worth $28,748,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Riggs Asset Managment Co. Inc. purchased a new position in iShares Russell Mid-Cap ETF during the 1st quarter valued at about $28,000. Advantage Trust Co purchased a new position in shares of iShares Russell Mid-Cap ETF in the 2nd quarter worth approximately $28,000. N.E.W. Advisory Services LLC purchased a new position in shares of iShares Russell Mid-Cap ETF in the 1st quarter worth approximately $30,000. Rossby Financial LCC purchased a new position in shares of iShares Russell Mid-Cap ETF in the 1st quarter worth approximately $31,000. Finally, Physician Wealth Advisors Inc. purchased a new position in shares of iShares Russell Mid-Cap ETF in the 1st quarter worth approximately $36,000. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Up 0.4%

Shares of iShares Russell Mid-Cap ETF stock opened at $96.80 on Wednesday. The firm’s 50 day moving average price is $95.95 and its 200-day moving average price is $91.24. iShares Russell Mid-Cap ETF has a 52-week low of $73.17 and a 52-week high of $97.80. The company has a market cap of $45.25 billion, a P/E ratio of 21.00 and a beta of 1.09.

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.