iShares Russell Mid-Cap ETF $IWR Shares Bought by Fairman Group LLC

Fairman Group LLC grew its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 4.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,798 shares of the company’s stock after acquiring an additional 130 shares during the quarter. Fairman Group LLC’s holdings in iShares Russell Mid-Cap ETF were worth $257,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IWR. Patton Fund Management Inc. grew its stake in shares of iShares Russell Mid-Cap ETF by 2.3% in the second quarter. Patton Fund Management Inc. now owns 165,655 shares of the company’s stock valued at $15,235,000 after buying an additional 3,707 shares in the last quarter. Kendall Capital Management acquired a new stake in shares of iShares Russell Mid-Cap ETF in the second quarter valued at about $533,000. Headlands Technologies LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF in the first quarter valued at about $44,000. American National Bank & Trust grew its stake in shares of iShares Russell Mid-Cap ETF by 7.0% in the second quarter. American National Bank & Trust now owns 9,217 shares of the company’s stock valued at $848,000 after buying an additional 600 shares in the last quarter. Finally, Beacon Capital Management LLC grew its stake in shares of iShares Russell Mid-Cap ETF by 10.9% in the second quarter. Beacon Capital Management LLC now owns 2,244 shares of the company’s stock valued at $206,000 after buying an additional 220 shares in the last quarter. 80.16% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Stock Performance

IWR stock opened at $95.96 on Wednesday. iShares Russell Mid-Cap ETF has a 1 year low of $73.17 and a 1 year high of $97.80. The firm has a market cap of $44.77 billion, a P/E ratio of 21.00 and a beta of 1.09. The stock has a 50-day simple moving average of $95.66 and a 200-day simple moving average of $90.79.

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.