Country Trust Bank Decreases Stake in iShares Russell Mid-Cap ETF $IWR

Country Trust Bank lessened its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 13.3% in the 2nd quarter, Holdings Channel reports. The fund owned 494,871 shares of the company’s stock after selling 76,147 shares during the quarter. Country Trust Bank’s holdings in iShares Russell Mid-Cap ETF were worth $45,513,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Brighton Jones LLC boosted its holdings in shares of iShares Russell Mid-Cap ETF by 4.2% during the 4th quarter. Brighton Jones LLC now owns 104,524 shares of the company’s stock worth $9,240,000 after purchasing an additional 4,189 shares during the last quarter. Revolve Wealth Partners LLC purchased a new position in iShares Russell Mid-Cap ETF during the fourth quarter worth approximately $323,000. Assetmark Inc. boosted its stake in iShares Russell Mid-Cap ETF by 6.8% during the first quarter. Assetmark Inc. now owns 3,137 shares of the company’s stock worth $267,000 after buying an additional 199 shares during the last quarter. Foundations Investment Advisors LLC grew its holdings in iShares Russell Mid-Cap ETF by 9.6% in the 1st quarter. Foundations Investment Advisors LLC now owns 9,204 shares of the company’s stock valued at $783,000 after buying an additional 808 shares in the last quarter. Finally, New Republic Capital LLC increased its stake in shares of iShares Russell Mid-Cap ETF by 14.2% in the 1st quarter. New Republic Capital LLC now owns 1,451 shares of the company’s stock worth $123,000 after acquiring an additional 180 shares during the last quarter. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Up 1.6%

NYSEARCA IWR opened at $95.70 on Wednesday. The business’s fifty day simple moving average is $95.69 and its 200-day simple moving average is $93.73. The firm has a market cap of $44.89 billion, a PE ratio of 21.00 and a beta of 1.06. iShares Russell Mid-Cap ETF has a 52 week low of $73.17 and a 52 week high of $97.87.

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.