8,070 iShares Russell Mid-Cap ETF $IWR Shares Sold by Grove Bank & Trust

Grove Bank & Trust lessened its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 34.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,240 shares of the company’s stock after selling 8,070 shares during the quarter. Grove Bank & Trust’s holdings in iShares Russell Mid-Cap ETF were worth $1,626,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. NFSG Corp boosted its stake in iShares Russell Mid-Cap ETF by 93.1% during the 1st quarter. NFSG Corp now owns 280 shares of the company’s stock valued at $27,000 after purchasing an additional 135 shares in the last quarter. Frazier Financial Advisors LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the 1st quarter worth $31,000. Reflection Asset Management acquired a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at $33,000. Scarborough Advisors LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF in the first quarter valued at $38,000. Finally, Tucker Asset Management LLC boosted its stake in iShares Russell Mid-Cap ETF by 234.6% during the second quarter. Tucker Asset Management LLC now owns 358 shares of the company’s stock valued at $39,000 after buying an additional 251 shares in the last quarter. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Up 0.4%

NYSEARCA:IWR traded up $0.40 during mid-day trading on Thursday, reaching $108.87. 1,296,865 shares of the stock were exchanged, compared to its average volume of 2,220,559. The business has a fifty day moving average price of $110.81 and a 200 day moving average price of $107.44. The firm has a market capitalization of $56.16 billion, a PE ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a 1-year low of $91.64 and a 1-year high of $114.97.

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.