Capital Directions Investment Advisors LLC bought a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,075 shares of the company’s stock, valued at approximately $85,000.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BlackRock Inc. raised its holdings in iShares Russell Mid-Cap ETF by 16.2% during the first quarter. BlackRock Inc. now owns 462,321 shares of the company’s stock worth $34,180,000 after purchasing an additional 64,587 shares in the last quarter. Brinker Capital Investments LLC purchased a new position in shares of iShares Russell Mid-Cap ETF in the 1st quarter valued at $406,000. Sei Investments Co. increased its stake in iShares Russell Mid-Cap ETF by 0.6% during the 1st quarter. Sei Investments Co. now owns 46,381 shares of the company’s stock worth $3,429,000 after buying an additional 284 shares during the period. Advisors Capital Management LLC purchased a new stake in iShares Russell Mid-Cap ETF during the 1st quarter worth $234,000. Finally, Prudential Financial Inc. grew its holdings in iShares Russell Mid-Cap ETF by 3.2% during the 1st quarter. Prudential Financial Inc. now owns 32,467 shares of the company’s stock worth $2,400,000 after acquiring an additional 1,000 shares in the last quarter.
iShares Russell Mid-Cap ETF stock traded up $1.14 during midday trading on Thursday, reaching $81.25. 24,540 shares of the stock traded hands, compared to its average volume of 1,506,803. iShares Russell Mid-Cap ETF has a fifty-two week low of $57.05 and a fifty-two week high of $82.70. The firm has a fifty day moving average price of $80.47 and a two-hundred day moving average price of $78.78.
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.
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