First Bancorp Inc ME Buys Shares of 7,386 iShares Russell Mid-Cap ETF $IWR

First Bancorp Inc ME bought a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 7,386 shares of the company’s stock, valued at approximately $815,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Brighton Jones LLC lifted its stake in iShares Russell Mid-Cap ETF by 4.2% in the 4th quarter. Brighton Jones LLC now owns 104,524 shares of the company’s stock valued at $9,240,000 after purchasing an additional 4,189 shares during the last quarter. Revolve Wealth Partners LLC acquired a new position in iShares Russell Mid-Cap ETF in the 4th quarter worth about $323,000. Quantbot Technologies LP bought a new position in iShares Russell Mid-Cap ETF in the second quarter valued at about $64,000. Qube Research & Technologies Ltd boosted its stake in shares of iShares Russell Mid-Cap ETF by 581.4% during the second quarter. Qube Research & Technologies Ltd now owns 9,253 shares of the company’s stock valued at $851,000 after purchasing an additional 7,895 shares in the last quarter. Finally, Ieq Capital LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 2.6% during the second quarter. Ieq Capital LLC now owns 86,647 shares of the company’s stock worth $7,969,000 after purchasing an additional 2,199 shares during the last quarter. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

iShares Russell Mid-Cap ETF stock opened at $112.94 on Wednesday. The business has a 50 day moving average of $110.77 and a 200-day moving average of $105.43. The company has a market capitalization of $57.28 billion, a P/E ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a 1 year low of $91.64 and a 1 year high of $114.97.

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. 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.