iShares Russell Mid-Cap ETF $IWR Shares Acquired by First Citizens Bank & Trust Co.

First Citizens Bank & Trust Co. boosted its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 4.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 171,947 shares of the company’s stock after purchasing an additional 7,557 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in iShares Russell Mid-Cap ETF were worth $16,601,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in IWR. Patten & Patten Inc. TN acquired a new position in shares of iShares Russell Mid-Cap ETF in the 3rd quarter valued at about $908,000. Sagespring Wealth Partners LLC raised its stake in iShares Russell Mid-Cap ETF by 11.0% during the third quarter. Sagespring Wealth Partners LLC now owns 20,847 shares of the company’s stock worth $2,013,000 after acquiring an additional 2,068 shares during the period. BAM Wealth Management LLC bought a new position in iShares Russell Mid-Cap ETF in the third quarter worth about $406,000. Modera Wealth Management LLC boosted its stake in iShares Russell Mid-Cap ETF by 3.3% in the third quarter. Modera Wealth Management LLC now owns 70,637 shares of the company’s stock valued at $6,820,000 after acquiring an additional 2,251 shares during the period. Finally, PFG Investments LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 3.7% during the third quarter. PFG Investments LLC now owns 19,130 shares of the company’s stock valued at $1,847,000 after purchasing an additional 679 shares during the last quarter. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Down 0.7%

Shares of iShares Russell Mid-Cap ETF stock opened at $100.34 on Friday. The stock has a market capitalization of $47.92 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06. iShares Russell Mid-Cap ETF has a twelve month low of $73.17 and a twelve month high of $101.73. The business’s 50 day simple moving average is $97.49 and its 200-day simple moving average is $96.08.

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.