Highland Capital Management LLC Reduces Stock Holdings in iShares Russell Mid-Cap ETF $IWR

Highland Capital Management LLC lowered its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 0.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,828 shares of the company’s stock after selling 263 shares during the quarter. Highland Capital Management LLC’s holdings in iShares Russell Mid-Cap ETF were worth $3,203,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Patton Fund Management Inc. increased its position in shares of iShares Russell Mid-Cap ETF by 2.3% in the second quarter. Patton Fund Management Inc. now owns 165,655 shares of the company’s stock valued at $15,235,000 after buying an additional 3,707 shares in the last quarter. Kendall Capital Management purchased a new position in shares of iShares Russell Mid-Cap ETF in the second quarter valued at $533,000. Headlands Technologies LLC purchased a new position in shares of iShares Russell Mid-Cap ETF in the first quarter valued at $44,000. American National Bank & Trust increased its position in iShares Russell Mid-Cap ETF by 7.0% during the 2nd quarter. American National Bank & Trust now owns 9,217 shares of the company’s stock worth $848,000 after purchasing an additional 600 shares in the last quarter. Finally, Beacon Capital Management LLC increased its position in iShares Russell Mid-Cap ETF by 10.9% during the 2nd quarter. Beacon Capital Management LLC now owns 2,244 shares of the company’s stock worth $206,000 after purchasing an additional 220 shares in the last quarter. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Up 0.3%

iShares Russell Mid-Cap ETF stock opened at $97.23 on Friday. The stock has a market cap of $45.27 billion, a PE ratio of 21.00 and a beta of 1.09. The stock has a 50-day moving average price of $95.35 and a 200 day moving average price of $90.31. iShares Russell Mid-Cap ETF has a 52 week low of $73.17 and a 52 week high of $97.80.

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.