Triumph Capital Management reduced its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) by 26.8% in the 2nd quarter, Holdings Channel reports. The fund owned 43,905 shares of the company’s stock after selling 16,097 shares during the period. iShares Russell Mid-Cap ETF makes up about 0.9% of Triumph Capital Management’s portfolio, making the stock its 27th biggest position. Triumph Capital Management’s holdings in iShares Russell Mid-Cap ETF were worth $4,844,000 at the end of the most recent quarter.
Other institutional investors have also recently bought and sold shares of the company. NFSG Corp grew its stake in iShares Russell Mid-Cap ETF by 93.1% during the 1st quarter. NFSG Corp now owns 280 shares of the company’s stock valued at $27,000 after acquiring an additional 135 shares in the last quarter. HFM Investment Advisors LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter worth approximately $28,000. Frazier Financial Advisors LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF in the first quarter worth approximately $31,000. Reflection Asset Management purchased a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter worth approximately $33,000. Finally, Scarborough Advisors LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF during the first quarter worth approximately $38,000. 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 $111.68 on Tuesday. The firm has a 50 day simple moving average of $111.11 and a 200 day simple moving average of $105.75. iShares Russell Mid-Cap ETF has a 52 week low of $91.64 and a 52 week high of $114.97. The stock has a market cap of $56.64 billion, a P/E 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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