Mechanics Financial Corp decreased its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) by 14.0% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 1,231 shares of the company’s stock after selling 200 shares during the period. Mechanics Financial Corp’s holdings in iShares Russell Mid-Cap ETF were worth $113,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in IWR. Riggs Asset Managment Co. Inc. acquired a new stake in iShares Russell Mid-Cap ETF in the first quarter valued at $28,000. N.E.W. Advisory Services LLC acquired a new stake in iShares Russell Mid-Cap ETF in the first quarter valued at $30,000. Rossby Financial LCC acquired a new stake in iShares Russell Mid-Cap ETF in the first quarter valued at $31,000. Physician Wealth Advisors Inc. acquired a new stake in iShares Russell Mid-Cap ETF in the first quarter valued at $36,000. Finally, Atticus Wealth Management LLC lifted its stake in iShares Russell Mid-Cap ETF by 123.1% in the second quarter. Atticus Wealth Management LLC now owns 415 shares of the company’s stock valued at $38,000 after acquiring an additional 229 shares during the last quarter. Institutional investors and hedge funds own 80.16% of the company’s stock.
iShares Russell Mid-Cap ETF Price Performance
Shares of IWR stock opened at $96.94 on Friday. The stock has a market cap of $44.59 billion, a P/E ratio of 21.00 and a beta of 1.09. The company has a fifty day moving average price of $95.31 and a two-hundred day moving average price of $90.20. iShares Russell Mid-Cap ETF has a one year low of $73.17 and a one year high of $97.59.
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.
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