Whitener Capital Management Inc. Boosts Stake in iShares Russell Mid-Cap ETF $IWR

Whitener Capital Management Inc. increased its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 120.5% during the second quarter, Holdings Channel.com reports. The firm owned 9,199 shares of the company’s stock after purchasing an additional 5,027 shares during the quarter. Whitener Capital Management Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $1,015,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of IWR. Bank of America Corp DE increased its position in iShares Russell Mid-Cap ETF by 6.6% in the fourth quarter. Bank of America Corp DE now owns 66,569,630 shares of the company’s stock worth $6,408,658,000 after buying an additional 4,145,765 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of iShares Russell Mid-Cap ETF by 3.6% during the 4th quarter. Wells Fargo & Company MN now owns 41,686,088 shares of the company’s stock valued at $4,013,120,000 after buying an additional 1,438,369 shares in the last quarter. Morgan Stanley lifted its position in shares of iShares Russell Mid-Cap ETF by 4.5% during the 4th quarter. Morgan Stanley now owns 10,797,769 shares of the company’s stock valued at $1,039,501,000 after buying an additional 460,088 shares in the last quarter. Bank of New York Mellon Corp grew its stake in shares of iShares Russell Mid-Cap ETF by 7.6% during the 4th quarter. Bank of New York Mellon Corp now owns 10,779,440 shares of the company’s stock valued at $1,037,737,000 after acquiring an additional 756,994 shares during the period. Finally, Northern Trust Corp grew its stake in shares of iShares Russell Mid-Cap ETF by 5.4% during the 4th quarter. Northern Trust Corp now owns 10,331,591 shares of the company’s stock valued at $994,622,000 after acquiring an additional 526,956 shares during the period. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Up 0.3%

NYSEARCA IWR opened at $113.41 on Wednesday. iShares Russell Mid-Cap ETF has a 12 month low of $91.64 and a 12 month high of $113.70. The stock has a market cap of $57.52 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00. The company’s 50 day moving average is $109.57 and its two-hundred day moving average is $104.48.

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.