iShares Russell Mid-Cap ETF $IWR Stake Raised by Oakworth Capital Inc.

Oakworth Capital Inc. lifted its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 1.1% in the 3rd quarter, Holdings Channel reports. The firm owned 1,156,445 shares of the company’s stock after purchasing an additional 12,778 shares during the quarter. iShares Russell Mid-Cap ETF accounts for approximately 6.5% of Oakworth Capital Inc.’s portfolio, making the stock its 5th biggest position. Oakworth Capital Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $111,655,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IWR. Welch & Forbes LLC lifted its position in shares of iShares Russell Mid-Cap ETF by 0.5% during the 3rd quarter. Welch & Forbes LLC now owns 22,832 shares of the company’s stock valued at $2,204,000 after acquiring an additional 105 shares during the period. Hollencrest Capital Management grew its holdings in shares of iShares Russell Mid-Cap ETF by 1.7% in the 3rd quarter. Hollencrest Capital Management now owns 6,226 shares of the company’s stock worth $601,000 after acquiring an additional 106 shares during the period. Meridian Wealth Management LLC increased its stake in iShares Russell Mid-Cap ETF by 0.5% in the 2nd quarter. Meridian Wealth Management LLC now owns 20,962 shares of the company’s stock valued at $1,928,000 after purchasing an additional 112 shares in the last quarter. Cornerstone Wealth Management LLC raised its holdings in iShares Russell Mid-Cap ETF by 0.5% during the third quarter. Cornerstone Wealth Management LLC now owns 21,223 shares of the company’s stock worth $2,049,000 after purchasing an additional 114 shares during the last quarter. Finally, Endeavor Private Wealth Inc. raised its holdings in iShares Russell Mid-Cap ETF by 2.9% during the second quarter. Endeavor Private Wealth Inc. now owns 4,219 shares of the company’s stock worth $388,000 after purchasing an additional 117 shares during the last quarter. 80.16% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Stock Performance

iShares Russell Mid-Cap ETF stock opened at $99.18 on Friday. 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 has a market capitalization of $47.37 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06. The stock’s fifty day moving average is $98.21 and its two-hundred day moving average is $96.32.

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.