MBA Advisors LLC Has $1.38 Million Stock Holdings in iShares Russell Mid-Cap ETF $IWR

MBA Advisors LLC lessened its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 5.5% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 14,948 shares of the company’s stock after selling 865 shares during the quarter. MBA Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $1,375,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Patton Fund Management Inc. lifted its stake in shares of iShares Russell Mid-Cap ETF by 2.3% during the 2nd quarter. Patton Fund Management Inc. now owns 165,655 shares of the company’s stock worth $15,235,000 after buying an additional 3,707 shares during the last quarter. Kendall Capital Management acquired a new stake in shares of iShares Russell Mid-Cap ETF during the 2nd quarter worth about $533,000. Headlands Technologies LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF during the 1st quarter worth about $44,000. American National Bank & Trust increased its position in iShares Russell Mid-Cap ETF by 7.0% during the second quarter. American National Bank & Trust now owns 9,217 shares of the company’s stock worth $848,000 after acquiring an additional 600 shares during the period. Finally, Beacon Capital Management LLC raised its stake in iShares Russell Mid-Cap ETF by 10.9% in the 2nd quarter. Beacon Capital Management LLC now owns 2,244 shares of the company’s stock worth $206,000 after purchasing an additional 220 shares in the last quarter. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Up 0.3%

Shares of iShares Russell Mid-Cap ETF stock opened at $96.48 on Tuesday. iShares Russell Mid-Cap ETF has a twelve month low of $73.17 and a twelve month high of $97.59. The company has a 50-day simple moving average of $95.20 and a two-hundred day simple moving average of $90.03. The stock has a market capitalization of $44.38 billion, a price-to-earnings ratio of 21.00 and a beta of 1.09.

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.