Triumph Capital Management cut its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) by 27.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,953 shares of the company’s stock after selling 11,952 shares during the quarter. Triumph Capital Management’s holdings in iShares Russell Mid-Cap ETF were worth $3,410,000 at the end of the most recent reporting period.
Several other institutional investors have also recently bought and sold shares of IWR. Baker Ellis Asset Management LLC bought a new position in shares of iShares Russell Mid-Cap ETF in the third quarter worth about $1,730,000. First Citizens Bank & Trust Co. acquired a new position in shares of iShares Russell Mid-Cap ETF during the 3rd quarter worth about $16,286,000. Virginia Estate & Retirement Planning Advisors Inc. boosted its stake in iShares Russell Mid-Cap ETF by 1,624.3% during the 3rd quarter. Virginia Estate & Retirement Planning Advisors Inc. now owns 1,276 shares of the company’s stock valued at $136,000 after purchasing an additional 1,202 shares during the period. Salem Investment Counselors Inc. boosted its stake in iShares Russell Mid-Cap ETF by 3.0% during the 3rd quarter. Salem Investment Counselors Inc. now owns 76,587 shares of the company’s stock valued at $8,173,000 after purchasing an additional 2,266 shares during the period. Finally, Signal Advisors Wealth LLC bought a new stake in iShares Russell Mid-Cap ETF during the 3rd quarter valued at approximately $855,000. Institutional investors own 80.16% of the company’s stock.
iShares Russell Mid-Cap ETF Trading Down 1.3%
IWR traded down $1.37 during midday trading on Wednesday, reaching $108.22. The company’s stock had a trading volume of 2,636,203 shares, compared to its average volume of 2,205,642. The company has a fifty day simple moving average of $110.63 and a 200 day simple moving average of $107.78. The stock has a market cap of $55.94 billion, a P/E ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a twelve month low of $91.64 and a twelve month high of $114.97.
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.
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