iShares Russell Mid-Cap ETF $IWR Shares Sold by Moody National Bank Trust Division

Moody National Bank Trust Division cut its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 22.8% during the second quarter, Holdings Channel reports. The firm owned 105,466 shares of the company’s stock after selling 31,145 shares during the quarter. iShares Russell Mid-Cap ETF comprises about 1.0% of Moody National Bank Trust Division’s holdings, making the stock its 15th largest position. Moody National Bank Trust Division’s holdings in iShares Russell Mid-Cap ETF were worth $11,635,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. NFSG Corp boosted its stake in shares of iShares Russell Mid-Cap ETF by 93.1% in the first quarter. NFSG Corp now owns 280 shares of the company’s stock valued at $27,000 after purchasing an additional 135 shares during the period. HFM Investment Advisors LLC purchased a new stake in iShares Russell Mid-Cap ETF during the 4th quarter worth approximately $28,000. Frazier Financial Advisors LLC purchased a new stake in iShares Russell Mid-Cap ETF during the 1st quarter worth approximately $31,000. Reflection Asset Management acquired a new stake in iShares Russell Mid-Cap ETF during the 4th quarter worth approximately $33,000. Finally, Scarborough Advisors LLC acquired a new stake in iShares Russell Mid-Cap ETF during the 1st quarter worth approximately $38,000. 80.16% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Stock Up 1.7%

Shares of IWR stock opened at $112.93 on Wednesday. iShares Russell Mid-Cap ETF has a 52 week low of $91.64 and a 52 week high of $113.08. The stock has a market capitalization of $57.28 billion, a PE ratio of 21.00 and a beta of 1.00. The firm has a 50 day moving average of $109.03 and a two-hundred day moving average of $104.05.

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.