iShares Russell Mid-Cap ETF (NYSEARCA:IWR) is WASHINGTON TRUST Co’s 4th Largest Position

WASHINGTON TRUST Co reduced its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.6% during the third quarter, HoldingsChannel reports. The fund owned 983,778 shares of the company’s stock after selling 26,212 shares during the period. iShares Russell Mid-Cap ETF comprises approximately 3.0% of WASHINGTON TRUST Co’s holdings, making the stock its 4th largest position. WASHINGTON TRUST Co’s holdings in iShares Russell Mid-Cap ETF were worth $86,710,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Mission Wealth Management LP grew its position in iShares Russell Mid-Cap ETF by 22.1% during the 1st quarter. Mission Wealth Management LP now owns 8,749 shares of the company’s stock valued at $736,000 after purchasing an additional 1,584 shares during the last quarter. Mutual of America Capital Management LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 7.0% during the first quarter. Mutual of America Capital Management LLC now owns 9,035 shares of the company’s stock valued at $760,000 after buying an additional 595 shares during the last quarter. Cambridge Trust Co. increased its position in shares of iShares Russell Mid-Cap ETF by 2.8% during the first quarter. Cambridge Trust Co. now owns 8,344 shares of the company’s stock valued at $702,000 after acquiring an additional 224 shares in the last quarter. LRI Investments LLC purchased a new position in iShares Russell Mid-Cap ETF in the 1st quarter worth approximately $120,000. Finally, Gradient Investments LLC lifted its position in iShares Russell Mid-Cap ETF by 358.6% in the 2nd quarter. Gradient Investments LLC now owns 12,414 shares of the company’s stock valued at $1,007,000 after acquiring an additional 9,707 shares in the last quarter.

iShares Russell Mid-Cap ETF Trading Up 0.3 %

IWR traded up $0.27 during trading on Wednesday, hitting $89.05. 359,902 shares of the company’s stock traded hands, compared to its average volume of 1,239,188. The stock has a market capitalization of $36.79 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02. The company’s 50 day simple moving average is $87.17 and its two-hundred day simple moving average is $83.70. iShares Russell Mid-Cap ETF has a 12-month low of $65.14 and a 12-month high of $90.18.

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.