Montecito Bank & Trust trimmed its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) by 30.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,706 shares of the company’s stock after selling 8,172 shares during the period. Montecito Bank & Trust’s holdings in iShares Russell Mid-Cap ETF were worth $1,996,000 at the end of the most recent reporting period.
Several other hedge funds also recently modified their holdings of the company. NFSG Corp grew its holdings in shares of iShares Russell Mid-Cap ETF by 93.1% during the first quarter. NFSG Corp now owns 280 shares of the company’s stock worth $27,000 after buying an additional 135 shares in the last quarter. Frazier Financial Advisors LLC acquired a new stake in iShares Russell Mid-Cap ETF during the first quarter worth approximately $31,000. Reflection Asset Management acquired a new stake in iShares Russell Mid-Cap ETF during the fourth quarter worth approximately $33,000. Scarborough Advisors LLC acquired a new stake in iShares Russell Mid-Cap ETF during the first quarter worth approximately $38,000. Finally, Tucker Asset Management LLC grew its stake in iShares Russell Mid-Cap ETF by 234.6% in the 2nd quarter. Tucker Asset Management LLC now owns 358 shares of the company’s stock worth $39,000 after acquiring an additional 251 shares during the period. 80.16% of the stock is owned by institutional investors and hedge funds.
iShares Russell Mid-Cap ETF Price Performance
IWR traded up $0.88 during trading on Thursday, hitting $107.59. The company’s stock had a trading volume of 1,567,896 shares, compared to its average volume of 2,241,593. The firm’s 50 day moving average price is $110.93 and its 200-day moving average price is $106.97. The stock has a market cap of $55.27 billion, a PE ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a twelve month low of $91.64 and a twelve month high of $114.97.
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. The Index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000 Index. The Index includes equity securities issued by issuers, which range in size between approximately $1.7 billion and $12 billion, though these amounts may change from time to time.
See Also
- Five stocks we like better than iShares Russell Mid-Cap ETF
- Everyone in AI Is Quietly Copying Palantir’s Playbook
- Advanced Micro Devices Is Spending $8.2 Billion to Learn What AI Needs Next
- JPMorgan Bets on Genius Sports as the Market Loses Patience
- Apple’s $5.7 Billion Patent Verdict Raises a Bigger Royalty Question
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.
