Eastern Bank Sells 10,209 Shares of iShares Russell Mid-Cap ETF $IWR

Eastern Bank trimmed its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 31.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,290 shares of the company’s stock after selling 10,209 shares during the period. Eastern Bank’s holdings in iShares Russell Mid-Cap ETF were worth $2,146,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of IWR. Brighton Jones LLC raised its holdings in iShares Russell Mid-Cap ETF by 4.2% in the fourth 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 period. Revolve Wealth Partners LLC acquired a new position in shares of iShares Russell Mid-Cap ETF in the 4th quarter valued at $323,000. XTX Topco Ltd bought a new stake in shares of iShares Russell Mid-Cap ETF in the 2nd quarter valued at $267,000. Russell Investments Group Ltd. increased its position in shares of iShares Russell Mid-Cap ETF by 58.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 19,483 shares of the company’s stock valued at $1,792,000 after buying an additional 7,224 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC acquired a new stake in iShares Russell Mid-Cap ETF during the 2nd quarter worth $99,000. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

IWR stock opened at $95.41 on Monday. The business’s 50-day moving average price is $100.15 and its two-hundred day moving average price is $97.87. The firm has a market cap of $45.63 billion, a PE ratio of 21.00 and a beta of 1.06. iShares Russell Mid-Cap ETF has a 1-year low of $73.17 and a 1-year high of $103.53.

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.