43,492 Shares in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) Acquired by Burke & Herbert Bank & Trust Co.

Burke & Herbert Bank & Trust Co. bought a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 43,492 shares of the company’s stock, valued at approximately $3,526,000. iShares Russell Mid-Cap ETF makes up approximately 0.9% of Burke & Herbert Bank & Trust Co.’s investment portfolio, making the stock its 28th largest holding.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. LifeSteps Financial Inc. bought a new stake in iShares Russell Mid-Cap ETF during the first quarter worth approximately $25,000. Future Financial Wealth Managment LLC bought a new position in shares of iShares Russell Mid-Cap ETF in the first quarter valued at $29,000. Aspire Private Capital LLC bought a new position in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at $27,000. Financial Synergies Wealth Advisors Inc. increased its holdings in shares of iShares Russell Mid-Cap ETF by 120.9% in the first quarter. Financial Synergies Wealth Advisors Inc. now owns 380 shares of the company’s stock valued at $32,000 after buying an additional 208 shares in the last quarter. Finally, Criterion Capital Advisors LLC bought a new position in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at $32,000.

iShares Russell Mid-Cap ETF Stock Performance

Shares of NYSEARCA IWR traded up $1.01 during trading on Tuesday, hitting $82.71. The company had a trading volume of 713,044 shares, compared to its average volume of 1,286,487. The company has a market cap of $34.17 billion, a P/E ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a 52 week low of $64.66 and a 52 week high of $85.86. The business’s 50-day moving average is $81.99 and its 200 day moving average is $81.31.

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.