iShares Russell Mid-Cap ETF (NYSEARCA:IWR) is Patton Fund Management Inc.’s 6th Largest Position

Patton Fund Management Inc. trimmed its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 0.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 161,948 shares of the company’s stock after selling 171 shares during the period. iShares Russell Mid-Cap ETF accounts for approximately 3.3% of Patton Fund Management Inc.’s holdings, making the stock its 6th largest position. Patton Fund Management Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $13,777,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of IWR. Roxbury Financial LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF in the 4th quarter worth $25,000. Fairscale Capital LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF in the 4th quarter worth $27,000. WR Wealth Planners LLC increased its stake in shares of iShares Russell Mid-Cap ETF by 392.0% in the 4th quarter. WR Wealth Planners LLC now owns 369 shares of the company’s stock worth $33,000 after purchasing an additional 294 shares in the last quarter. Bank of Jackson Hole Trust purchased a new stake in shares of iShares Russell Mid-Cap ETF in the 4th quarter worth $36,000. Finally, Legacy Investment Solutions LLC increased its stake in shares of iShares Russell Mid-Cap ETF by 50.4% in the 4th quarter. Legacy Investment Solutions LLC now owns 427 shares of the company’s stock worth $39,000 after purchasing an additional 143 shares in the last quarter.

iShares Russell Mid-Cap ETF Stock Performance

Shares of IWR stock opened at $90.05 on Tuesday. iShares Russell Mid-Cap ETF has a 52-week low of $73.17 and a 52-week high of $96.01. The firm has a market capitalization of $41.04 billion, a PE ratio of 20.51 and a beta of 1.05. The stock has a fifty day simple moving average of $86.16 and a two-hundred day simple moving average of $88.06.

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.