Oakworth Capital Inc. Purchases New Shares in iShares Russell Mid-Cap ETF $IWR

Oakworth Capital Inc. purchased a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 1,244,957 shares of the company’s stock, valued at approximately $132,849,000. iShares Russell Mid-Cap ETF accounts for about 6.3% of Oakworth Capital Inc.’s portfolio, making the stock its 5th biggest position.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Roxbury Financial LLC raised its position in iShares Russell Mid-Cap ETF by 12.3% in the 2nd quarter. Roxbury Financial LLC now owns 893 shares of the company’s stock worth $99,000 after purchasing an additional 98 shares during the last quarter. Asset Management Group Inc. lifted its holdings in iShares Russell Mid-Cap ETF by 0.3% during the 1st quarter. Asset Management Group Inc. now owns 39,600 shares of the company’s stock worth $3,850,000 after buying an additional 102 shares in the last quarter. Axis Wealth Partners LLC lifted its holdings in iShares Russell Mid-Cap ETF by 1.7% during the 1st quarter. Axis Wealth Partners LLC now owns 6,282 shares of the company’s stock worth $611,000 after buying an additional 108 shares in the last quarter. Hickory Point Bank & Trust lifted its holdings in iShares Russell Mid-Cap ETF by 5.8% during the 3rd quarter. Hickory Point Bank & Trust now owns 2,111 shares of the company’s stock worth $225,000 after buying an additional 115 shares in the last quarter. Finally, Farmers National Bank boosted its position in iShares Russell Mid-Cap ETF by 0.6% in the 1st quarter. Farmers National Bank now owns 20,278 shares of the company’s stock valued at $1,972,000 after buying an additional 118 shares during the last quarter. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

Shares of IWR opened at $110.33 on Wednesday. The firm has a market capitalization of $57.36 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00. The business’s fifty day moving average price is $109.93 and its two-hundred day moving average price is $105.84. iShares Russell Mid-Cap ETF has a 52 week low of $91.64 and a 52 week high of $114.97.

iShares Russell Mid-Cap ETF Company 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.