Country Trust Bank Cuts Stock Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Country Trust Bank decreased its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 3.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 586,682 shares of the company’s stock after selling 20,090 shares during the quarter. iShares Russell Mid-Cap ETF comprises about 1.3% of Country Trust Bank’s investment portfolio, making the stock its 22nd biggest holding. Country Trust Bank owned about 0.14% of iShares Russell Mid-Cap ETF worth $51,710,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the stock. Paladin Advisory Group LLC bought a new stake in shares of iShares Russell Mid-Cap ETF during the second quarter valued at approximately $27,000. Future Financial Wealth Managment LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the 1st quarter worth $29,000. Financial Synergies Wealth Advisors Inc. increased its holdings in shares of iShares Russell Mid-Cap ETF by 120.9% in the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 380 shares of the company’s stock worth $32,000 after purchasing an additional 208 shares in the last quarter. Sage Mountain Advisors LLC raised its stake in shares of iShares Russell Mid-Cap ETF by 50.9% in the second quarter. Sage Mountain Advisors LLC now owns 403 shares of the company’s stock worth $33,000 after purchasing an additional 136 shares during the last quarter. Finally, Scarborough Advisors LLC bought a new position in shares of iShares Russell Mid-Cap ETF during the fourth quarter valued at $40,000.

iShares Russell Mid-Cap ETF Price Performance

iShares Russell Mid-Cap ETF stock opened at $87.49 on Wednesday. iShares Russell Mid-Cap ETF has a one year low of $64.66 and a one year high of $88.53. The business’s fifty day moving average is $85.24 and its 200 day moving average is $83.02. The stock has a market capitalization of $36.14 billion, a PE 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.