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

Country Trust Bank decreased its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 65.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 171,261 shares of the company’s stock after selling 320,363 shares during the quarter. Country Trust Bank’s holdings in iShares Russell Mid-Cap ETF were worth $16,487,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Piscataqua Savings Bank increased its position in shares of iShares Russell Mid-Cap ETF by 11.1% in the fourth quarter. Piscataqua Savings Bank now owns 1,000 shares of the company’s stock valued at $96,000 after acquiring an additional 100 shares during the period. Welch & Forbes LLC increased its position in shares of iShares Russell Mid-Cap ETF by 0.5% in the third quarter. Welch & Forbes LLC now owns 22,832 shares of the company’s stock valued at $2,204,000 after acquiring an additional 105 shares during the period. Hollencrest Capital Management increased its position in shares of iShares Russell Mid-Cap ETF by 1.7% in the third quarter. Hollencrest Capital Management now owns 6,226 shares of the company’s stock valued at $601,000 after acquiring an additional 106 shares during the period. Cornerstone Wealth Management LLC increased its position in shares of iShares Russell Mid-Cap ETF by 0.5% in the third quarter. Cornerstone Wealth Management LLC now owns 21,223 shares of the company’s stock valued at $2,049,000 after acquiring an additional 114 shares during the period. Finally, Objectivity Squared LLC increased its position in shares of iShares Russell Mid-Cap ETF by 3.7% in the third quarter. Objectivity Squared LLC now owns 3,304 shares of the company’s stock valued at $319,000 after acquiring an additional 117 shares during the period. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Up 0.4%

IWR stock opened at $98.75 on Tuesday. The firm’s 50-day moving average price is $99.80 and its two-hundred day moving average price is $97.91. iShares Russell Mid-Cap ETF has a 12-month low of $73.17 and a 12-month high of $103.53. The stock has a market capitalization of $48.97 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06.

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.