Davidson Trust Co. Sells 504 Shares of iShares Russell Mid-Cap ETF $IWR

Davidson Trust Co. trimmed its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 1.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 42,410 shares of the company’s stock after selling 504 shares during the period. iShares Russell Mid-Cap ETF accounts for about 1.8% of Davidson Trust Co.’s investment portfolio, making the stock its 11th biggest holding. Davidson Trust Co.’s holdings in iShares Russell Mid-Cap ETF were worth $3,900,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of IWR. Jones Financial Companies Lllp increased its stake in shares of iShares Russell Mid-Cap ETF by 6.9% in the 1st quarter. Jones Financial Companies Lllp now owns 66,497,354 shares of the company’s stock valued at $5,628,396,000 after acquiring an additional 4,290,076 shares during the last quarter. US Bancorp DE increased its stake in shares of iShares Russell Mid-Cap ETF by 2.2% in the 1st quarter. US Bancorp DE now owns 19,325,451 shares of the company’s stock valued at $1,644,034,000 after acquiring an additional 418,491 shares during the last quarter. Northern Trust Corp increased its stake in shares of iShares Russell Mid-Cap ETF by 0.8% in the 1st quarter. Northern Trust Corp now owns 9,371,071 shares of the company’s stock valued at $797,197,000 after acquiring an additional 75,638 shares during the last quarter. Baird Financial Group Inc. increased its stake in shares of iShares Russell Mid-Cap ETF by 1.8% in the 1st quarter. Baird Financial Group Inc. now owns 8,218,663 shares of the company’s stock valued at $699,162,000 after acquiring an additional 142,576 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of iShares Russell Mid-Cap ETF by 11.7% in the 1st quarter. Bank of New York Mellon Corp now owns 8,018,338 shares of the company’s stock valued at $682,120,000 after acquiring an additional 840,839 shares during the last quarter. 80.16% of the stock is owned by institutional investors.

iShares Russell Mid-Cap ETF Price Performance

Shares of IWR stock opened at $95.96 on Wednesday. The stock has a market cap of $44.77 billion, a PE ratio of 21.00 and a beta of 1.09. The stock has a 50-day moving average of $95.66 and a 200-day moving average of $90.79. iShares Russell Mid-Cap ETF has a one year low of $73.17 and a one year high of $97.80.

iShares Russell Mid-Cap ETF 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.