iShares Russell Mid-Cap ETF (NYSEARCA:IWR) Position Boosted by Davidson Trust Co.

Davidson Trust Co. increased its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 12.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 43,396 shares of the company’s stock after purchasing an additional 4,839 shares during the period. iShares Russell Mid-Cap ETF makes up about 2.2% of Davidson Trust Co.’s investment portfolio, making the stock its 8th largest position. Davidson Trust Co.’s holdings in iShares Russell Mid-Cap ETF were worth $3,373,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the company. Birch Hill Investment Advisors LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 1.4% in the fourth quarter. Birch Hill Investment Advisors LLC now owns 10,956 shares of the company’s stock worth $852,000 after purchasing an additional 150 shares during the last quarter. Continuum Advisory LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 1.2% in the first quarter. Continuum Advisory LLC now owns 13,340 shares of the company’s stock worth $960,000 after purchasing an additional 163 shares during the last quarter. Octavia Wealth Advisors LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 4.9% in the third quarter. Octavia Wealth Advisors LLC now owns 3,503 shares of the company’s stock worth $244,000 after purchasing an additional 165 shares during the last quarter. Hapanowicz & Associates Financial Services Inc lifted its stake in iShares Russell Mid-Cap ETF by 0.8% in the fourth quarter. Hapanowicz & Associates Financial Services Inc now owns 21,619 shares of the company’s stock worth $1,680,000 after acquiring an additional 173 shares during the period. Finally, Veracity Capital LLC lifted its stake in iShares Russell Mid-Cap ETF by 3.0% in the fourth quarter. Veracity Capital LLC now owns 5,969 shares of the company’s stock worth $464,000 after acquiring an additional 175 shares during the period.

iShares Russell Mid-Cap ETF Stock Up 0.2 %

NYSEARCA:IWR traded up $0.13 during mid-day trading on Friday, reaching $78.84. The company’s stock had a trading volume of 493,112 shares, compared to its average volume of 1,442,239. iShares Russell Mid-Cap ETF has a 1 year low of $64.66 and a 1 year high of $84.33. The stock has a fifty day moving average of $81.23 and a 200-day moving average of $75.81. The firm has a market capitalization of $31.66 billion, a PE ratio of 20.48 and a beta of 1.03.

About iShares Russell Mid-Cap ETF

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.