Triumph Capital Management lifted its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) by 2.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 61,508 shares of the company’s stock after acquiring an additional 1,671 shares during the period. iShares Russell Mid-Cap ETF comprises approximately 1.7% of Triumph Capital Management’s holdings, making the stock its 12th largest position. Triumph Capital Management’s holdings in iShares Russell Mid-Cap ETF were worth $5,657,000 at the end of the most recent reporting period.
Several other institutional investors have also made changes to their positions in the company. Cullen Frost Bankers Inc. increased its position in shares of iShares Russell Mid-Cap ETF by 0.3% in the first quarter. Cullen Frost Bankers Inc. now owns 48,931 shares of the company’s stock worth $4,163,000 after acquiring an additional 124 shares in the last quarter. Innovative Wealth Building LLC increased its position in shares of iShares Russell Mid-Cap ETF by 2.3% in the first quarter. Innovative Wealth Building LLC now owns 5,490 shares of the company’s stock worth $467,000 after acquiring an additional 125 shares in the last quarter. Okabena Investment Services Inc. increased its position in shares of iShares Russell Mid-Cap ETF by 1.1% in the first quarter. Okabena Investment Services Inc. now owns 12,112 shares of the company’s stock worth $1,030,000 after acquiring an additional 132 shares in the last quarter. Jefferies Financial Group Inc. increased its position in shares of iShares Russell Mid-Cap ETF by 2.9% in the fourth quarter. Jefferies Financial Group Inc. now owns 4,877 shares of the company’s stock worth $431,000 after acquiring an additional 137 shares in the last quarter. Finally, Freestone Capital Holdings LLC increased its position in shares of iShares Russell Mid-Cap ETF by 2.8% in the first quarter. Freestone Capital Holdings LLC now owns 5,114 shares of the company’s stock worth $435,000 after acquiring an additional 137 shares in the last quarter. 80.16% of the stock is owned by hedge funds and other institutional investors.
iShares Russell Mid-Cap ETF Price Performance
iShares Russell Mid-Cap ETF stock opened at $96.61 on Tuesday. The firm’s 50 day simple moving average is $94.63 and its 200-day simple moving average is $89.30. The company has a market cap of $44.44 billion, a P/E ratio of 21.00 and a beta of 1.09. iShares Russell Mid-Cap ETF has a fifty-two week low of $73.17 and a fifty-two week high of $97.59.
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.
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