Saxon Interests Inc. Lowers Stake in iShares Russell Mid-Cap ETF $IWR

Saxon Interests Inc. decreased its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 49.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,796 shares of the company’s stock after selling 19,578 shares during the quarter. Saxon Interests Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $1,902,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Advantage Trust Co acquired a new position in iShares Russell Mid-Cap ETF during the 2nd quarter worth about $28,000. HHM Wealth Advisors LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF during the second quarter worth about $29,000. Traub Capital Management LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF during the second quarter worth about $37,000. Legacy Investment Solutions LLC purchased a new position in shares of iShares Russell Mid-Cap ETF in the second quarter valued at approximately $38,000. Finally, Crews Bank & Trust grew its holdings in shares of iShares Russell Mid-Cap ETF by 54.5% in the second quarter. Crews Bank & Trust now owns 425 shares of the company’s stock valued at $39,000 after purchasing an additional 150 shares in the last quarter. 80.16% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Stock Up 0.1%

Shares of IWR opened at $100.46 on Tuesday. The company has a market cap of $48.00 billion, a P/E ratio of 21.00 and a beta of 1.06. iShares Russell Mid-Cap ETF has a fifty-two week low of $73.17 and a fifty-two week high of $101.73. The firm’s 50 day moving average price is $97.64 and its 200 day moving average price is $96.14.

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. 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.