iShares Russell Mid-Cap ETF (NYSEARCA:IWR) Short Interest Update

iShares Russell Mid-Cap ETF (NYSEARCA:IWR) was the target of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 1,614,649 shares, a decrease of 44.8% from the June 15th total of 2,927,233 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 1,778,241 shares, the short-interest ratio is presently 0.9 days.

iShares Russell Mid-Cap ETF Trading Up 0.5%

Shares of IWR stock traded up $0.52 during trading hours on Thursday, reaching $110.03. The company’s stock had a trading volume of 1,134,342 shares, compared to its average volume of 2,493,806. iShares Russell Mid-Cap ETF has a one year low of $91.36 and a one year high of $111.43. The stock has a market capitalization of $56.90 billion, a P/E ratio of 21.00 and a beta of 1.00. The firm’s fifty day simple moving average is $107.74 and its 200 day simple moving average is $103.02.

Institutional Investors Weigh In On iShares Russell Mid-Cap ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. NFSG Corp lifted its holdings in iShares Russell Mid-Cap ETF by 93.1% in the first quarter. NFSG Corp now owns 280 shares of the company’s stock worth $27,000 after buying an additional 135 shares during the period. HFM Investment Advisors LLC purchased a new position in shares of iShares Russell Mid-Cap ETF during the 4th quarter worth approximately $28,000. Frazier Financial Advisors LLC bought a new position in shares of iShares Russell Mid-Cap ETF in the 1st quarter worth approximately $31,000. KERR FINANCIAL PLANNING Corp purchased a new position in shares of iShares Russell Mid-Cap ETF in the 3rd quarter valued at approximately $32,000. Finally, Reflection Asset Management purchased a new position in shares of iShares Russell Mid-Cap ETF in the 4th quarter valued at approximately $33,000. 80.16% of the stock is owned by hedge funds and other institutional investors.

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.