iShares Russell Mid-Cap ETF (NYSEARCA:IWR) Short Interest Down 18.2% in March

iShares Russell Mid-Cap ETF (NYSEARCA:IWR) was the recipient of a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 2,378,552 shares, a decrease of 18.2% from the February 26th total of 2,907,302 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average trading volume of 4,434,895 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Trading of iShares Russell Mid-Cap ETF

A number of large investors have recently made changes to their positions in IWR. Hsbc Holdings PLC purchased a new position in iShares Russell Mid-Cap ETF in the fourth quarter worth about $2,886,000. John A. Wolfe & Associates Inc. purchased a new stake in iShares Russell Mid-Cap ETF during the fourth quarter valued at approximately $385,000. Rockefeller Capital Management L.P. lifted its stake in shares of iShares Russell Mid-Cap ETF by 36.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 925,575 shares of the company’s stock valued at $89,105,000 after purchasing an additional 247,166 shares during the last quarter. World Investment Advisors boosted its holdings in shares of iShares Russell Mid-Cap ETF by 11.9% in the 4th quarter. World Investment Advisors now owns 34,676 shares of the company’s stock worth $3,338,000 after purchasing an additional 3,681 shares during the period. Finally, Farmers National Bank boosted its holdings in shares of iShares Russell Mid-Cap ETF by 8.9% in the 4th quarter. Farmers National Bank now owns 20,160 shares of the company’s stock worth $1,941,000 after purchasing an additional 1,651 shares during the period. 80.16% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap ETF Trading Down 0.6%

IWR traded down $0.57 during trading hours on Monday, hitting $94.84. The company’s stock had a trading volume of 1,984,805 shares, compared to its average volume of 3,075,710. The business’s 50-day moving average price is $100.15 and its 200-day moving average price is $97.87. iShares Russell Mid-Cap ETF has a 12 month low of $73.17 and a 12 month high of $103.53. The stock has a market cap of $45.36 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06.

iShares Russell Mid-Cap ETF Company 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. The Index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000 Index. The Index includes equity securities issued by issuers, which range in size between approximately $1.7 billion and $12 billion, though these amounts may change from time to time.