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

Patton Fund Management Inc. lowered its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 1.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 166,616 shares of the company’s stock after selling 2,224 shares during the quarter. iShares Russell Mid-Cap ETF accounts for about 3.0% of Patton Fund Management Inc.’s portfolio, making the stock its 6th largest position. Patton Fund Management Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $14,686,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Paladin Advisory Group LLC purchased a new stake in iShares Russell Mid-Cap ETF in the second quarter valued at approximately $27,000. Future Financial Wealth Managment LLC purchased a new position in iShares Russell Mid-Cap ETF during the 1st quarter worth $29,000. Financial Synergies Wealth Advisors Inc. increased its stake in iShares Russell Mid-Cap ETF by 120.9% in the first quarter. Financial Synergies Wealth Advisors Inc. now owns 380 shares of the company’s stock valued at $32,000 after purchasing an additional 208 shares during the period. Sage Mountain Advisors LLC boosted its stake in shares of iShares Russell Mid-Cap ETF by 50.9% during the second quarter. Sage Mountain Advisors LLC now owns 403 shares of the company’s stock worth $33,000 after buying an additional 136 shares during the period. Finally, Scarborough Advisors LLC purchased a new position in shares of iShares Russell Mid-Cap ETF during the fourth quarter worth about $40,000.

iShares Russell Mid-Cap ETF Price Performance

Shares of IWR stock traded down $0.11 during mid-day trading on Thursday, hitting $89.74. The stock had a trading volume of 248,851 shares, compared to its average volume of 1,209,180. The firm has a market cap of $37.07 billion, a PE ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a fifty-two week low of $64.66 and a fifty-two week high of $90.11. The company’s 50-day simple moving average is $86.13 and its 200-day simple moving average is $83.29.

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.