Folger Nolan Fleming Douglas Capital Management Inc. Lowers Holdings in iShares Russell Mid-Cap ETF $IWR

Folger Nolan Fleming Douglas Capital Management Inc. cut its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 3.3% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 99,098 shares of the company’s stock after selling 3,394 shares during the quarter. iShares Russell Mid-Cap ETF accounts for about 1.0% of Folger Nolan Fleming Douglas Capital Management Inc.’s holdings, making the stock its 26th largest holding. Folger Nolan Fleming Douglas Capital Management Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $9,114,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the company. Jones Financial Companies Lllp raised 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 buying an additional 4,290,076 shares in the last quarter. Natixis Advisors LLC raised its position in shares of iShares Russell Mid-Cap ETF by 122.0% during the 1st quarter. Natixis Advisors LLC now owns 1,872,952 shares of the company’s stock valued at $159,332,000 after buying an additional 1,029,115 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of iShares Russell Mid-Cap ETF by 11.7% during 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 buying an additional 840,839 shares in the last quarter. Mesirow Financial Investment Management Inc. raised 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 valued at $95,248,000 after buying an additional 569,914 shares in the last quarter. Finally, US Bancorp DE raised its position in shares of iShares Russell Mid-Cap ETF by 2.2% during the 1st quarter. US Bancorp DE now owns 19,325,451 shares of the company’s stock valued at $1,644,034,000 after buying an additional 418,491 shares in the last quarter. 80.16% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Stock Performance

iShares Russell Mid-Cap ETF stock opened at $94.02 on Friday. The firm’s fifty day moving average price is $95.58 and its 200-day moving average price is $90.62. The stock has a market cap of $43.86 billion, a P/E ratio of 21.00 and a beta of 1.09. iShares Russell Mid-Cap ETF has a fifty-two week low of $73.17 and a fifty-two week 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.