Webster Bank N. A. Raises Stock Holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Webster Bank N. A. grew its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 1.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,449 shares of the company’s stock after purchasing an additional 300 shares during the period. Webster Bank N. A.’s holdings in iShares Russell Mid-Cap ETF were worth $1,538,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Factory Mutual Insurance Co. boosted its stake in shares of iShares Russell Mid-Cap ETF by 40.1% in the third quarter. Factory Mutual Insurance Co. now owns 978,700 shares of the company’s stock worth $86,263,000 after buying an additional 280,000 shares during the last quarter. Matrix Asset Advisors Inc. NY grew its position in shares of iShares Russell Mid-Cap ETF by 10.9% in the third quarter. Matrix Asset Advisors Inc. NY now owns 49,939 shares of the company’s stock valued at $4,402,000 after purchasing an additional 4,897 shares in the last quarter. CRA Financial Services LLC grew its position in iShares Russell Mid-Cap ETF by 32.4% in the third quarter. CRA Financial Services LLC now owns 4,076 shares of the company’s stock worth $359,000 after acquiring an additional 997 shares during the period. Asio Capital LLC purchased a new position in iShares Russell Mid-Cap ETF in the third quarter worth approximately $203,000. Finally, Hilltop Wealth Advisors LLC grew its position in iShares Russell Mid-Cap ETF by 2.2% in the third quarter. Hilltop Wealth Advisors LLC now owns 22,587 shares of the company’s stock worth $1,991,000 after acquiring an additional 482 shares during the period.

iShares Russell Mid-Cap ETF Stock Performance

Shares of IWR traded up $1.08 during midday trading on Friday, hitting $88.86. 664,375 shares of the stock were exchanged, compared to its average volume of 1,221,826. The firm has a market cap of $36.71 billion, a P/E ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a 52-week low of $64.66 and a 52-week high of $88.96. The stock has a fifty day simple moving average of $85.58 and a 200 day simple moving average of $83.17.

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.