Patton Fund Management Inc. lowered its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) by 0.2% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 181,322 shares of the company’s stock after selling 396 shares during the quarter. iShares Russell Mid-Cap ETF comprises 3.9% of Patton Fund Management Inc.’s investment portfolio, making the stock its 8th largest holding. Patton Fund Management Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $13,242,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IWR. Credit Suisse AG purchased a new position in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at $26,000. Kalos Management Inc. bought a new stake in shares of iShares Russell Mid-Cap ETF during the fourth quarter valued at about $27,000. AlphaCore Capital LLC lifted its holdings in shares of iShares Russell Mid-Cap ETF by 1,005.3% in the fourth quarter. AlphaCore Capital LLC now owns 420 shares of the company’s stock worth $28,000 after buying an additional 382 shares in the last quarter. Armstrong Advisory Group Inc. boosted its position in shares of iShares Russell Mid-Cap ETF by 139.6% in the second quarter. Armstrong Advisory Group Inc. now owns 381 shares of the company’s stock valued at $28,000 after acquiring an additional 222 shares during the period. Finally, NewSquare Capital LLC purchased a new position in iShares Russell Mid-Cap ETF during the first quarter valued at approximately $29,000.
iShares Russell Mid-Cap ETF Trading Down 0.3 %
Shares of iShares Russell Mid-Cap ETF stock traded down $0.23 during trading on Tuesday, hitting $71.44. The stock had a trading volume of 191,095 shares, compared to its average volume of 1,094,365. The firm has a market cap of $28.19 billion, a price-to-earnings ratio of 15.16 and a beta of 1.09. iShares Russell Mid-Cap ETF has a 12 month low of $60.73 and a 12 month high of $76.21. The business’s 50-day moving average is $73.58 and its 200 day moving average is $70.94.
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.
Further Reading
- Five stocks we like better than iShares Russell Mid-Cap ETF
- Upcoming IPO Stock Lockup Period, Explained
- 2 Beauty Stocks Beaten By the Ugly Stick But Ready to Rally
- What is the S&P/TSX Index?
- Got Nuclear? Three Stocks To Play Energy’s Next Frontier
- What is Put Option Volume?
- The Top 4 Utilities for Value, Yield, and Upside Potential
Want to see what other hedge funds are holding IWR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report).
Receive News & Ratings for iShares Russell Mid-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell Mid-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.