iShares Russell Mid-Cap ETF (NYSEARCA:IWR) Short Interest Update

iShares Russell Mid-Cap ETF (NYSEARCA:IWR) was the recipient of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 1,614,649 shares, a decrease of 44.8% from the June 15th total of 2,927,233 shares. Based on an average daily volume of 1,778,241 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.3% of the shares of the stock are short sold.

iShares Russell Mid-Cap ETF Stock Up 0.0%

Shares of IWR opened at $109.80 on Wednesday. iShares Russell Mid-Cap ETF has a 52-week low of $91.36 and a 52-week high of $111.43. The firm’s fifty day moving average is $107.57 and its two-hundred day moving average is $102.85. The stock has a market cap of $56.78 billion, a PE ratio of 21.00 and a beta of 1.00.

Hedge Funds Weigh In On iShares Russell Mid-Cap ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Tompkins Financial Corp boosted its stake in iShares Russell Mid-Cap ETF by 465.7% during the fourth quarter. Tompkins Financial Corp now owns 116,276 shares of the company’s stock worth $11,194,000 after buying an additional 95,723 shares during the last quarter. Allspring Global Investments Holdings LLC increased its stake in shares of iShares Russell Mid-Cap ETF by 163.8% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 39,916 shares of the company’s stock worth $3,885,000 after acquiring an additional 24,782 shares during the last quarter. Argentarii LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF in the 4th quarter worth $1,397,000. AE Wealth Management LLC raised its holdings in shares of iShares Russell Mid-Cap ETF by 7.5% during the 4th quarter. AE Wealth Management LLC now owns 308,358 shares of the company’s stock worth $29,686,000 after acquiring an additional 21,572 shares during the period. Finally, Shelton Wealth Management LLC raised its holdings in shares of iShares Russell Mid-Cap ETF by 27.2% during the 4th quarter. Shelton Wealth Management LLC now owns 78,830 shares of the company’s stock worth $7,589,000 after acquiring an additional 16,864 shares during the period. 80.16% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Company 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.