1ST Source Bank Purchases 701 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

1ST Source Bank lifted its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 4.2% in the third quarter, HoldingsChannel.com reports. The fund owned 17,455 shares of the company’s stock after buying an additional 701 shares during the period. 1ST Source Bank’s holdings in iShares Russell Mid-Cap ETF were worth $1,538,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Legacy Investment Solutions LLC bought a new position in iShares Russell Mid-Cap ETF in the 3rd quarter valued at approximately $26,000. Paladin Advisory Group LLC acquired a new position in iShares Russell Mid-Cap ETF in the 2nd quarter valued at approximately $27,000. Future Financial Wealth Managment LLC acquired a new position in iShares Russell Mid-Cap ETF in the 3rd quarter valued at approximately $30,000. Sage Mountain Advisors LLC increased its position in iShares Russell Mid-Cap ETF by 50.9% in the 2nd quarter. Sage Mountain Advisors LLC now owns 403 shares of the company’s stock valued at $33,000 after acquiring an additional 136 shares during the period. Finally, Cultivar Capital Inc. acquired a new position in iShares Russell Mid-Cap ETF in the 2nd quarter valued at approximately $41,000.

iShares Russell Mid-Cap ETF Price Performance

Shares of IWR traded down $0.51 during trading hours on Friday, hitting $92.52. 496,168 shares of the stock were exchanged, compared to its average volume of 1,297,406. iShares Russell Mid-Cap ETF has a fifty-two week low of $75.00 and a fifty-two week high of $96.00. The business has a 50-day moving average of $91.30 and a 200-day moving average of $86.24. The firm has a market capitalization of $38.22 billion, a P/E ratio of 20.27 and a beta of 1.02.

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.