Country Trust Bank Reduces Stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Country Trust Bank trimmed its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 571,018 shares of the company’s stock after selling 15,664 shares during the quarter. iShares Russell Mid-Cap ETF makes up 1.3% of Country Trust Bank’s portfolio, making the stock its 23rd biggest holding. Country Trust Bank’s holdings in iShares Russell Mid-Cap ETF were worth $50,478,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of IWR. JPMorgan Chase & Co. boosted its position in shares of iShares Russell Mid-Cap ETF by 2.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,059,914 shares of the company’s stock worth $622,261,000 after buying an additional 198,719 shares in the last quarter. FMR LLC raised its position in iShares Russell Mid-Cap ETF by 2.2% during the third quarter. FMR LLC now owns 2,872,877 shares of the company’s stock worth $253,215,000 after acquiring an additional 63,048 shares during the last quarter. Raymond James & Associates lifted its holdings in shares of iShares Russell Mid-Cap ETF by 2.6% in the third quarter. Raymond James & Associates now owns 1,454,215 shares of the company’s stock valued at $128,175,000 after purchasing an additional 36,255 shares in the last quarter. Oakworth Capital Inc. grew its position in shares of iShares Russell Mid-Cap ETF by 1.2% in the third quarter. Oakworth Capital Inc. now owns 1,092,885 shares of the company’s stock valued at $96,327,000 after purchasing an additional 13,188 shares during the last quarter. Finally, Synovus Financial Corp increased its stake in shares of iShares Russell Mid-Cap ETF by 0.5% during the 3rd quarter. Synovus Financial Corp now owns 1,041,917 shares of the company’s stock worth $91,835,000 after purchasing an additional 5,247 shares in the last quarter.

iShares Russell Mid-Cap ETF Price Performance

Shares of iShares Russell Mid-Cap ETF stock opened at $92.87 on Friday. iShares Russell Mid-Cap ETF has a 1 year low of $76.25 and a 1 year high of $96.00. The business has a 50 day moving average price of $91.56 and a 200 day moving average price of $88.43. The company has a market capitalization of $38.36 billion, a P/E ratio of 20.27 and a beta of 1.02.

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.