MV Capital Management Inc. Cuts Stock Holdings in iShares Russell Mid-Cap ETF $IWR

MV Capital Management Inc. lowered its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 1.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 98,182 shares of the company’s stock after selling 1,412 shares during the quarter. iShares Russell Mid-Cap ETF makes up about 0.9% of MV Capital Management Inc.’s holdings, making the stock its 29th largest holding. MV Capital Management Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $9,030,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Advantage Trust Co purchased a new stake in shares of iShares Russell Mid-Cap ETF during the second quarter worth approximately $28,000. N.E.W. Advisory Services LLC acquired a new stake in iShares Russell Mid-Cap ETF during the 1st quarter worth $30,000. Legacy Investment Solutions LLC acquired a new stake in iShares Russell Mid-Cap ETF during the 2nd quarter worth $38,000. Atticus Wealth Management LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 123.1% during the second quarter. Atticus Wealth Management LLC now owns 415 shares of the company’s stock worth $38,000 after buying an additional 229 shares in the last quarter. Finally, Crews Bank & Trust grew its holdings in shares of iShares Russell Mid-Cap ETF by 54.5% during the second quarter. Crews Bank & Trust now owns 425 shares of the company’s stock worth $39,000 after buying an additional 150 shares in the last quarter. 80.16% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Trading Up 0.2%

NYSEARCA:IWR opened at $96.58 on Thursday. The company’s 50-day moving average price is $96.18 and its 200-day moving average price is $93.13. The company has a market cap of $45.30 billion, a P/E ratio of 21.00 and a beta of 1.06. iShares Russell Mid-Cap ETF has a twelve month low of $73.17 and a twelve month high of $97.87.

iShares Russell Mid-Cap ETF Company 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.