iShares Russell Mid-Cap ETF $IWR Stock Position Decreased by Linscomb Wealth Inc.

Linscomb Wealth Inc. lessened its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 9.6% in the second quarter, Holdings Channel.com reports. The institutional investor owned 15,868 shares of the company’s stock after selling 1,688 shares during the quarter. Linscomb Wealth Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $1,459,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Riggs Asset Managment Co. Inc. bought a new stake in shares of iShares Russell Mid-Cap ETF during the 1st quarter valued at about $28,000. Advantage Trust Co acquired a new position in iShares Russell Mid-Cap ETF during the 2nd quarter valued at about $28,000. N.E.W. Advisory Services LLC acquired a new position in iShares Russell Mid-Cap ETF during the 1st quarter valued at about $30,000. Rossby Financial LCC acquired a new position in iShares Russell Mid-Cap ETF during the 1st quarter valued at about $31,000. Finally, Atticus Wealth Management LLC boosted its stake in iShares Russell Mid-Cap ETF by 123.1% during the 2nd quarter. Atticus Wealth Management LLC now owns 415 shares of the company’s stock valued at $38,000 after purchasing an additional 229 shares during the period. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Up 0.7%

iShares Russell Mid-Cap ETF stock opened at $95.76 on Friday. The firm has a 50-day moving average price of $96.22 and a two-hundred day moving average price of $92.24. The firm has a market capitalization of $44.90 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06. iShares Russell Mid-Cap ETF has a 52-week low of $73.17 and a 52-week high of $97.87.

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.