Stock Yards Bank & Trust Co. boosted its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) by 7.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 553,628 shares of the company’s stock after acquiring an additional 36,104 shares during the period. iShares Russell Mid-Cap ETF makes up approximately 1.7% of Stock Yards Bank & Trust Co.’s holdings, making the stock its 15th largest holding. Stock Yards Bank & Trust Co. owned approximately 0.11% of iShares Russell Mid-Cap ETF worth $53,829,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its holdings in shares of iShares Russell Mid-Cap ETF by 6.6% during the 4th quarter. Bank of America Corp DE now owns 66,569,630 shares of the company’s stock worth $6,408,658,000 after acquiring an additional 4,145,765 shares during the period. CIBC Bancorp USA Inc. bought a new stake in iShares Russell Mid-Cap ETF in the third quarter valued at about $285,568,000. Wells Fargo & Company MN raised its position in iShares Russell Mid-Cap ETF by 3.6% in the fourth quarter. Wells Fargo & Company MN now owns 41,686,088 shares of the company’s stock worth $4,013,120,000 after purchasing an additional 1,438,369 shares in the last quarter. Royal Bank of Canada raised its position in iShares Russell Mid-Cap ETF by 12.9% in the fourth quarter. Royal Bank of Canada now owns 7,911,910 shares of the company’s stock worth $761,679,000 after purchasing an additional 905,157 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in iShares Russell Mid-Cap ETF by 7.6% in the fourth quarter. Bank of New York Mellon Corp now owns 10,779,440 shares of the company’s stock worth $1,037,737,000 after purchasing an additional 756,994 shares in the last quarter. Institutional investors and hedge funds own 80.16% of the company’s stock.
iShares Russell Mid-Cap ETF Stock Down 0.1%
Shares of IWR opened at $110.18 on Thursday. The company has a 50-day moving average price of $106.45 and a two-hundred day moving average price of $102.04. The stock has a market cap of $56.91 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a 12 month low of $91.36 and a 12 month high of $111.13.
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.
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