iShares Russell Mid-Cap ETF $IWR Shares Sold by M&T Bank Corp

M&T Bank Corp trimmed its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 28.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 309,617 shares of the company’s stock after selling 121,589 shares during the period. M&T Bank Corp’s holdings in iShares Russell Mid-Cap ETF were worth $29,807,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Southern Capital Advisors LLC raised its stake in shares of iShares Russell Mid-Cap ETF by 5.4% in the 4th quarter. Southern Capital Advisors LLC now owns 19,329 shares of the company’s stock valued at $1,861,000 after acquiring an additional 989 shares during the period. Hudson Value Partners LLC purchased a new stake in iShares Russell Mid-Cap ETF during the 4th quarter worth approximately $514,000. Breachway Investments LLC purchased a new stake in iShares Russell Mid-Cap ETF during the 4th quarter worth approximately $449,000. PFG Advisors increased its stake in iShares Russell Mid-Cap ETF by 13.9% during the 4th quarter. PFG Advisors now owns 14,357 shares of the company’s stock worth $1,382,000 after buying an additional 1,754 shares during the period. Finally, Retirement Income Solutions Inc. increased its stake in iShares Russell Mid-Cap ETF by 1.0% during the 4th quarter. Retirement Income Solutions Inc. now owns 25,012 shares of the company’s stock worth $2,408,000 after buying an additional 241 shares during the period. 80.16% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Stock Down 0.1%

Shares of IWR opened at $103.87 on Thursday. iShares Russell Mid-Cap ETF has a fifty-two week low of $81.49 and a fifty-two week high of $105.41. The firm’s 50 day moving average price is $100.21 and its 200 day moving average price is $98.39. The company has a market cap of $52.09 billion, a P/E ratio of 21.00 and a beta of 1.03.

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.