WASHINGTON TRUST Co Has $85.35 Million Stake in iShares Russell Mid-Cap ETF $IWR

WASHINGTON TRUST Co lessened its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 1.1% during the second quarter, HoldingsChannel reports. The institutional investor owned 928,015 shares of the company’s stock after selling 10,514 shares during the period. iShares Russell Mid-Cap ETF comprises about 3.0% of WASHINGTON TRUST Co’s investment portfolio, making the stock its 8th largest position. WASHINGTON TRUST Co’s holdings in iShares Russell Mid-Cap ETF were worth $85,350,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Jones Financial Companies Lllp lifted its position in shares of iShares Russell Mid-Cap ETF by 6.9% during 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 period. Bank of New York Mellon Corp grew its holdings in iShares Russell Mid-Cap ETF by 23.5% during the second quarter. Bank of New York Mellon Corp now owns 9,899,322 shares of the company’s stock worth $910,441,000 after buying an additional 1,880,984 shares in the last quarter. Natixis Advisors LLC raised its holdings in shares of iShares Russell Mid-Cap ETF by 122.0% in the first quarter. Natixis Advisors LLC now owns 1,872,952 shares of the company’s stock valued at $159,332,000 after purchasing an additional 1,029,115 shares during the last quarter. Mesirow Financial Investment Management Inc. lifted its position in shares of iShares Russell Mid-Cap ETF by 103.7% during the 1st quarter. Mesirow Financial Investment Management Inc. now owns 1,119,648 shares of the company’s stock worth $95,248,000 after buying an additional 569,914 shares in the last quarter. Finally, US Bancorp DE boosted its position in iShares Russell Mid-Cap ETF by 2.2% in the first quarter. US Bancorp DE now owns 19,325,451 shares of the company’s stock worth $1,644,034,000 after purchasing an additional 418,491 shares during the last quarter. 80.16% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Stock Down 0.3%

IWR traded down $0.28 during trading on Thursday, hitting $96.31. 185,489 shares of the company traded hands, compared to its average volume of 1,782,662. The stock’s fifty day moving average is $96.18 and its 200 day moving average is $93.13. iShares Russell Mid-Cap ETF has a one year low of $73.17 and a one year high of $97.87. The firm has a market cap of $45.17 billion, a P/E ratio of 21.00 and a beta of 1.06.

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.