iShares Russell Mid-Cap ETF $IWR Stock: Burke & Herbert Bank & Trust Co. Lowers Holdings

Burke & Herbert Bank & Trust Co. decreased its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 26.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,280 shares of the company’s stock after selling 8,009 shares during the period. Burke & Herbert Bank & Trust Co.’s holdings in iShares Russell Mid-Cap ETF were worth $2,377,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Baird Financial Group Inc. grew its stake in shares of iShares Russell Mid-Cap ETF by 18.8% in the second quarter. Baird Financial Group Inc. now owns 10,660,298 shares of the company’s stock valued at $1,176,044,000 after buying an additional 1,690,390 shares in the last quarter. Oakworth Capital Inc. acquired a new position in iShares Russell Mid-Cap ETF during the 3rd quarter worth approximately $132,849,000. Performa Ltd US LLC boosted its holdings in iShares Russell Mid-Cap ETF by 465.1% in the 2nd quarter. Performa Ltd US LLC now owns 1,124,020 shares of the company’s stock worth $124,002,000 after acquiring an additional 925,119 shares during the period. Commonwealth Equity Services LLC purchased a new position in iShares Russell Mid-Cap ETF in the 3rd quarter worth approximately $80,323,000. Finally, Fifth Third Bancorp boosted its holdings in iShares Russell Mid-Cap ETF by 25.7% in the 1st quarter. Fifth Third Bancorp now owns 2,547,979 shares of the company’s stock worth $247,740,000 after acquiring an additional 521,709 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 0.1%

NYSEARCA:IWR traded up $0.15 during trading hours on Friday, hitting $107.80. The stock had a trading volume of 4,381,858 shares, compared to its average volume of 2,255,418. The company has a market cap of $56.83 billion, a PE ratio of 20.27 and a beta of 1.00. The business has a 50 day simple moving average of $109.42 and a two-hundred day simple moving average of $106.23. iShares Russell Mid-Cap ETF has a 1-year low of $91.64 and a 1-year high of $114.97.

iShares Russell Mid-Cap ETF 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.