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

First Citizens Bank & Trust Co. reduced its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 5.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 164,985 shares of the company’s stock after selling 9,283 shares during the period. First Citizens Bank & Trust Co.’s holdings in iShares Russell Mid-Cap ETF were worth $16,041,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in IWR. Bank of America Corp DE raised its holdings in iShares Russell Mid-Cap ETF by 6.6% during the fourth quarter. Bank of America Corp DE now owns 66,569,630 shares of the company’s stock worth $6,408,658,000 after purchasing an additional 4,145,765 shares in the last quarter. Wells Fargo & Company MN lifted its position in iShares Russell Mid-Cap ETF by 3.6% in the fourth quarter. Wells Fargo & Company MN now owns 41,686,088 shares of the company’s stock worth $4,013,120,000 after purchasing an additional 1,438,369 shares during the period. Morgan Stanley boosted its stake in iShares Russell Mid-Cap ETF by 4.5% during the 4th quarter. Morgan Stanley now owns 10,797,769 shares of the company’s stock valued at $1,039,501,000 after purchasing an additional 460,088 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in iShares Russell Mid-Cap ETF by 7.6% during the 4th quarter. Bank of New York Mellon Corp now owns 10,779,440 shares of the company’s stock valued at $1,037,737,000 after purchasing an additional 756,994 shares in the last quarter. Finally, Northern Trust Corp increased its position in shares of iShares Russell Mid-Cap ETF by 5.4% during the 4th quarter. Northern Trust Corp now owns 10,331,591 shares of the company’s stock valued at $994,622,000 after purchasing an additional 526,956 shares during the period. 80.16% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Stock Performance

Shares of IWR stock opened at $109.32 on Wednesday. iShares Russell Mid-Cap ETF has a 1 year low of $91.36 and a 1 year high of $111.43. The business’s fifty day moving average is $107.97 and its 200-day moving average is $103.27. The stock has a market cap of $56.75 billion, a PE ratio of 21.00 and a beta of 1.00.

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.