Independence Bank of Kentucky Sells 1,113 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Independence Bank of Kentucky lessened its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 1.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 92,174 shares of the company’s stock after selling 1,113 shares during the quarter. iShares Russell Mid-Cap ETF makes up approximately 1.3% of Independence Bank of Kentucky’s holdings, making the stock its 12th biggest holding. Independence Bank of Kentucky’s holdings in iShares Russell Mid-Cap ETF were worth $8,148,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of IWR. JPMorgan Chase & Co. boosted its stake in iShares Russell Mid-Cap ETF by 2.9% in the third quarter. JPMorgan Chase & Co. now owns 7,059,914 shares of the company’s stock valued at $622,261,000 after acquiring an additional 198,719 shares during the last quarter. FMR LLC lifted its stake in shares of iShares Russell Mid-Cap ETF by 2.2% in the 3rd quarter. FMR LLC now owns 2,872,877 shares of the company’s stock valued at $253,215,000 after purchasing an additional 63,048 shares during the period. Raymond James & Associates boosted its position in shares of iShares Russell Mid-Cap ETF by 2.6% in the 3rd quarter. Raymond James & Associates now owns 1,454,215 shares of the company’s stock worth $128,175,000 after purchasing an additional 36,255 shares during the last quarter. Oakworth Capital Inc. grew its stake in shares of iShares Russell Mid-Cap ETF by 1.2% during the third quarter. Oakworth Capital Inc. now owns 1,092,885 shares of the company’s stock worth $96,327,000 after purchasing an additional 13,188 shares during the period. Finally, Synovus Financial Corp increased its holdings in iShares Russell Mid-Cap ETF by 0.5% in the third quarter. Synovus Financial Corp now owns 1,041,917 shares of the company’s stock valued at $91,835,000 after purchasing an additional 5,247 shares during the last quarter.

iShares Russell Mid-Cap ETF Trading Down 0.9 %

Shares of IWR opened at $92.07 on Friday. The stock has a market cap of $38.03 billion, a P/E ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a 1 year low of $76.25 and a 1 year high of $96.00. The stock’s 50-day moving average price is $91.51 and its two-hundred day moving average price is $88.48.

iShares Russell Mid-Cap ETF Profile

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.