iShares Russell Mid-Cap ETF (NYSEARCA:IWR) Stake Lifted by Moors & Cabot Inc.

Moors & Cabot Inc. raised its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 30.4% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 7,926 shares of the company’s stock after buying an additional 1,850 shares during the quarter. Moors & Cabot Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $699,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Cambridge Trust Co. grew its holdings in iShares Russell Mid-Cap ETF by 2.8% in the 1st quarter. Cambridge Trust Co. now owns 8,344 shares of the company’s stock worth $702,000 after buying an additional 224 shares in the last quarter. LRI Investments LLC acquired a new position in shares of iShares Russell Mid-Cap ETF during the first quarter valued at $120,000. Gradient Investments LLC raised its stake in shares of iShares Russell Mid-Cap ETF by 358.6% during the second quarter. Gradient Investments LLC now owns 12,414 shares of the company’s stock valued at $1,007,000 after purchasing an additional 9,707 shares in the last quarter. Motiv8 Investments LLC lifted its holdings in iShares Russell Mid-Cap ETF by 9.4% in the second quarter. Motiv8 Investments LLC now owns 30,329 shares of the company’s stock worth $2,459,000 after purchasing an additional 2,609 shares during the period. Finally, LPL Financial LLC increased its stake in iShares Russell Mid-Cap ETF by 2.8% during the 2nd quarter. LPL Financial LLC now owns 3,130,891 shares of the company’s stock valued at $253,853,000 after buying an additional 84,394 shares during the period.

iShares Russell Mid-Cap ETF Trading Up 1.1 %

IWR stock opened at $94.53 on Friday. The firm’s 50-day moving average is $89.31 and its two-hundred day moving average is $85.07. The company has a market capitalization of $39.05 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a 52 week low of $71.37 and a 52 week high of $94.62.

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.