North Star Investment Management Corp. reduced its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) by 36.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,660 shares of the company’s stock after selling 5,565 shares during the quarter. North Star Investment Management Corp.’s holdings in iShares Russell Mid-Cap ETF were worth $1,031,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also modified their holdings of the business. Steph & Co. acquired a new position in iShares Russell Mid-Cap ETF in the third quarter worth $11,870,000. Whitener Capital Management Inc. grew its holdings in shares of iShares Russell Mid-Cap ETF by 120.5% during the second quarter. Whitener Capital Management Inc. now owns 9,199 shares of the company’s stock worth $1,015,000 after purchasing an additional 5,027 shares during the last quarter. Montgomery Financial Services LLC bought a new stake in shares of iShares Russell Mid-Cap ETF during the second quarter worth $1,670,000. Waverly Advisors LLC increased its stake in shares of iShares Russell Mid-Cap ETF by 8.0% in the second quarter. Waverly Advisors LLC now owns 1,187,415 shares of the company’s stock valued at $130,996,000 after buying an additional 88,462 shares in the last quarter. Finally, Northwest Wealth Advisors LLC increased its stake in shares of iShares Russell Mid-Cap ETF by 13.2% in the first quarter. Northwest Wealth Advisors LLC now owns 38,872 shares of the company’s stock valued at $3,780,000 after buying an additional 4,545 shares in the last quarter. 80.16% of the stock is owned by institutional investors and hedge funds.
iShares Russell Mid-Cap ETF Stock Up 1.0%
iShares Russell Mid-Cap ETF stock opened at $111.56 on Friday. The stock has a 50-day simple moving average of $109.84 and a 200 day simple moving average of $105.95. iShares Russell Mid-Cap ETF has a 12-month low of $91.64 and a 12-month high of $114.97. The stock has a market capitalization of $58.07 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00.
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. 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.
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