iShares Russell Mid-Cap ETF $IWR Stock Position Lifted by Triumph Capital Management

Triumph Capital Management boosted its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.8% during the second quarter, HoldingsChannel.com reports. The firm owned 61,508 shares of the company’s stock after acquiring an additional 1,671 shares during the period. iShares Russell Mid-Cap ETF makes up about 1.7% of Triumph Capital Management’s portfolio, making the stock its 12th largest holding. Triumph Capital Management’s holdings in iShares Russell Mid-Cap ETF were worth $5,657,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Riggs Asset Managment Co. Inc. purchased a new position in iShares Russell Mid-Cap ETF during the first quarter valued at approximately $28,000. N.E.W. Advisory Services LLC bought a new stake in iShares Russell Mid-Cap ETF in the first quarter worth approximately $30,000. Rossby Financial LCC bought a new stake in iShares Russell Mid-Cap ETF in the first quarter worth approximately $31,000. Physician Wealth Advisors Inc. bought a new stake in iShares Russell Mid-Cap ETF in the first quarter worth approximately $36,000. Finally, Garde Capital Inc. bought a new stake in iShares Russell Mid-Cap ETF in the first quarter worth approximately $44,000. 80.16% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Stock Down 0.1%

IWR stock opened at $96.61 on Tuesday. The company has a market capitalization of $44.44 billion, a price-to-earnings ratio of 21.00 and a beta of 1.09. iShares Russell Mid-Cap ETF has a 12 month low of $73.17 and a 12 month high of $97.59. The firm has a 50 day moving average of $94.63 and a two-hundred day moving average of $89.30.

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.