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

Grove Bank & Trust trimmed its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 34.6% during the third quarter, according to its most recent disclosure with the SEC. The fund 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 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of IWR. Farther Finance Advisors LLC increased its stake in shares of iShares Russell Mid-Cap ETF by 11.6% in the third quarter. Farther Finance Advisors LLC now owns 42,971 shares of the company’s stock valued at $4,585,000 after purchasing an additional 4,461 shares during the period. Sapient Capital LLC boosted its position in shares of iShares Russell Mid-Cap ETF by 1.9% during the third quarter. Sapient Capital LLC now owns 12,688 shares of the company’s stock worth $1,354,000 after buying an additional 240 shares during the period. CoreCap Advisors LLC grew its holdings in iShares Russell Mid-Cap ETF by 36.9% in the 3rd quarter. CoreCap Advisors LLC now owns 8,091 shares of the company’s stock worth $863,000 after buying an additional 2,181 shares in the last quarter. Dickmeyer Boyce Financial Management Inc. grew its holdings in iShares Russell Mid-Cap ETF by 1.3% in the 3rd quarter. Dickmeyer Boyce Financial Management Inc. now owns 69,277 shares of the company’s stock worth $7,393,000 after buying an additional 874 shares in the last quarter. Finally, YHB Investment Advisors Inc. acquired a new stake in iShares Russell Mid-Cap ETF in the 3rd quarter valued at approximately $326,000. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Up 0.4%

iShares Russell Mid-Cap ETF stock traded up $0.40 during mid-day trading on Thursday, hitting $108.87. 1,296,865 shares of the company’s stock traded hands, compared to its average volume of 2,220,559. The firm has a 50 day moving average price of $110.81 and a 200 day moving average price of $107.44. The company has a market cap of $56.16 billion, a PE ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a one year low of $91.64 and a one 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.