Members Advisory Group LLC reduced its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) by 21.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 161,855 shares of the company’s stock after selling 43,532 shares during the quarter. iShares Russell Mid-Cap ETF accounts for approximately 5.6% of Members Advisory Group LLC’s holdings, making the stock its 6th biggest holding. Members Advisory Group LLC’s holdings in iShares Russell Mid-Cap ETF were worth $14,887,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IWR. Jones Financial Companies Lllp raised its position in iShares Russell Mid-Cap ETF by 6.9% in the 1st quarter. Jones Financial Companies Lllp now owns 66,497,354 shares of the company’s stock worth $5,628,396,000 after purchasing an additional 4,290,076 shares during the period. Natixis Advisors LLC raised its position in iShares Russell Mid-Cap ETF by 122.0% in the 1st quarter. Natixis Advisors LLC now owns 1,872,952 shares of the company’s stock worth $159,332,000 after purchasing an additional 1,029,115 shares during the period. Bank of New York Mellon Corp raised its position in iShares Russell Mid-Cap ETF by 11.7% in the 1st quarter. Bank of New York Mellon Corp now owns 8,018,338 shares of the company’s stock worth $682,120,000 after purchasing an additional 840,839 shares during the period. Mesirow Financial Investment Management Inc. grew its stake in iShares Russell Mid-Cap ETF by 103.7% in the 1st quarter. Mesirow Financial Investment Management Inc. now owns 1,119,648 shares of the company’s stock worth $95,248,000 after acquiring an additional 569,914 shares in the last quarter. Finally, US Bancorp DE grew its stake in iShares Russell Mid-Cap ETF by 2.2% in the 1st quarter. US Bancorp DE now owns 19,325,451 shares of the company’s stock worth $1,644,034,000 after acquiring an additional 418,491 shares in the last quarter. 80.16% of the stock is owned by hedge funds and other institutional investors.
iShares Russell Mid-Cap ETF Price Performance
Shares of IWR stock opened at $95.30 on Monday. The company has a market capitalization of $44.53 billion, a P/E ratio of 21.00 and a beta of 1.09. The company’s 50-day simple moving average is $95.81 and its two-hundred day simple moving average is $91.07. iShares Russell Mid-Cap ETF has a one year low of $73.17 and a one year high of $97.80.
About iShares Russell Mid-Cap ETF
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.
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