Patten & Patten Inc. TN Takes $908,000 Position in iShares Russell Mid-Cap ETF $IWR

Patten & Patten Inc. TN purchased a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 9,400 shares of the company’s stock, valued at approximately $908,000.

Several other institutional investors also recently modified their holdings of the business. Welch & Forbes LLC raised its position in iShares Russell Mid-Cap ETF by 0.5% during the 2nd quarter. Welch & Forbes LLC now owns 22,727 shares of the company’s stock worth $2,090,000 after purchasing an additional 110 shares during the last quarter. Meridian Wealth Management LLC increased its stake in shares of iShares Russell Mid-Cap ETF by 0.5% in the second quarter. Meridian Wealth Management LLC now owns 20,962 shares of the company’s stock valued at $1,928,000 after buying an additional 112 shares during the period. Heritage Financial Services LLC raised its position in shares of iShares Russell Mid-Cap ETF by 3.8% during the second quarter. Heritage Financial Services LLC now owns 3,129 shares of the company’s stock worth $288,000 after acquiring an additional 114 shares during the last quarter. Endeavor Private Wealth Inc. raised its position in shares of iShares Russell Mid-Cap ETF by 2.9% during the second quarter. Endeavor Private Wealth Inc. now owns 4,219 shares of the company’s stock worth $388,000 after acquiring an additional 117 shares during the last quarter. Finally, Shared Vision Wealth Group LLC lifted its stake in shares of iShares Russell Mid-Cap ETF by 4.4% in the third quarter. Shared Vision Wealth Group LLC now owns 2,874 shares of the company’s stock worth $276,000 after acquiring an additional 120 shares during the period. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

Shares of IWR stock opened at $100.34 on Monday. The stock has a market capitalization of $47.92 billion, a PE ratio of 21.00 and a beta of 1.06. The business’s 50 day simple moving average is $97.49 and its 200 day simple moving average is $96.10. iShares Russell Mid-Cap ETF has a one year low of $73.17 and a one year high of $101.73.

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. 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.