4,834 iShares Russell Mid-Cap ETF $IWR Shares Sold by Canandaigua National Bank & Trust Co.

Canandaigua National Bank & Trust Co. lessened its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 8.2% during the third quarter, HoldingsChannel reports. The fund owned 54,360 shares of the company’s stock after selling 4,834 shares during the quarter. Canandaigua National Bank & Trust Co.’s holdings in iShares Russell Mid-Cap ETF were worth $5,801,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Wealth Enhancement Trust Services Inc. boosted its stake in iShares Russell Mid-Cap ETF by 71.9% during the 3rd quarter. Wealth Enhancement Trust Services Inc. now owns 1,434 shares of the company’s stock valued at $153,000 after purchasing an additional 600 shares during the last quarter. North Point Portfolio Managers Corp OH purchased a new stake in shares of iShares Russell Mid-Cap ETF in the third quarter worth approximately $147,000. American National Bank & Trust raised its stake in shares of iShares Russell Mid-Cap ETF by 51.8% in the third quarter. American National Bank & Trust now owns 13,409 shares of the company’s stock worth $1,431,000 after purchasing an additional 4,575 shares during the last quarter. Bangor Savings Bank bought a new position in shares of iShares Russell Mid-Cap ETF in the third quarter valued at approximately $669,000. Finally, Moody National Bank Trust Division bought a new position in shares of iShares Russell Mid-Cap ETF in the third quarter valued at approximately $11,158,000. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Down 1.1%

iShares Russell Mid-Cap ETF stock traded down $1.21 during trading on Wednesday, hitting $108.47. 936,515 shares of the company were exchanged, compared to its average volume of 2,225,370. The company has a market capitalization of $55.95 billion, a P/E ratio of 21.00 and a beta of 1.00. The business’s 50 day moving average is $110.85 and its 200 day moving average is $107.28. iShares Russell Mid-Cap ETF has a 52 week low of $91.64 and a 52 week 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.