Moody National Bank Trust Division Lowers Position in iShares Russell Mid-Cap ETF $IWR

Moody National Bank Trust Division trimmed its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 22.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 105,466 shares of the company’s stock after selling 31,145 shares during the quarter. iShares Russell Mid-Cap ETF accounts for approximately 1.0% of Moody National Bank Trust Division’s portfolio, making the stock its 15th biggest position. Moody National Bank Trust Division’s holdings in iShares Russell Mid-Cap ETF were worth $11,635,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC raised its stake in shares of iShares Russell Mid-Cap ETF by 4.2% in the 4th quarter. Brighton Jones LLC now owns 104,524 shares of the company’s stock valued at $9,240,000 after acquiring an additional 4,189 shares during the period. Revolve Wealth Partners LLC purchased a new position in shares of iShares Russell Mid-Cap ETF during the 4th quarter worth approximately $323,000. Quantbot Technologies LP purchased a new position in shares of iShares Russell Mid-Cap ETF during the 2nd quarter worth approximately $64,000. Qube Research & Technologies Ltd boosted its position in shares of iShares Russell Mid-Cap ETF by 581.4% during the 2nd quarter. Qube Research & Technologies Ltd now owns 9,253 shares of the company’s stock worth $851,000 after purchasing an additional 7,895 shares during the period. Finally, Ieq Capital LLC increased its holdings in iShares Russell Mid-Cap ETF by 2.6% in the 2nd quarter. Ieq Capital LLC now owns 86,647 shares of the company’s stock valued at $7,969,000 after purchasing an additional 2,199 shares during the last quarter. 80.16% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Stock Up 1.7%

Shares of NYSEARCA IWR opened at $112.93 on Wednesday. The firm has a market cap of $57.28 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a 52-week low of $91.64 and a 52-week high of $113.08. The business’s 50 day moving average is $109.03 and its two-hundred day moving average is $104.05.

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. 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.