This article first appeared on GuruFocus.
In Wednesday’s session, one ETF was buying and one was selling, with iShares Russell Mid-Cap ETF (IWR) reporting $161.9 million in gross trades and $156.0 million in net buying. IWR increased 802 positions and decreased 1, with Marathon Petroleum, Phillips 66 and Snowflake among its largest additions.
What did IWR buy on Wednesday?
Its largest buys by dollar value were MPC ($1.7 million), PSX ($1.4 million) and SNOW ($1.4 million).
What did IWR sell on Wednesday?
Its largest sells by dollar value were THRM ($2.9 million).
IWR‘s top buys were Marathon Petroleum (MPC), up 3,570 shares for $1.7 million; Phillips 66 (PSX), up 4,830 shares for $1.4 million; Snowflake (SNOW), up 4,050 shares for $1.4 million; Cloudflare Class A (NET), up 3,870 shares for $1.3 million; and Datadog Inc Class A (DDOG), up 3,960 shares for $1.1 million. None of these were new positions. Its largest sell was Gentherm (THRM), down 95,593 shares for $2.9 million, a full exit.
How does IWR invest?
IWR is an Equity US Sm&Mid Cap fund with $56.84 billion in assets, holding 815 stocks. Its top 10 holdings account for 7.1% of assets, and its largest sectors are Technology at 19.1%, Industrials at 15.4% and Financial Services at 12.7% of the stocks that could be classified. By market cap, 87.8% is large cap, 12.1% mid cap and 0.1% small cap. The fund has an expense ratio of 0.18%, a GF Score of 77, a P/E of 18.83, a P/B of 2.59, a dividend yield of 1.16% and a year-to-date return of 14.77%. Its top holdings are Marathon Petroleum at 1.07%, Phillips 66 at 0.89%, Snowflake at 0.84%, Cloudflare Class A at 0.78% and Datadog Inc Class A at 0.66%.
iShares Russell Mid-Cap ETF (IWR) at a glance
See the full iShares Russell Mid-Cap ETF profile, or compare it with similar funds in the ETF Screener. Its biggest buy this time, MPC, has its own GF Value page and stock summary.
