Webster Bank N. A. Trims Stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Webster Bank N. A. decreased its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 12.9% during the first quarter, according to its most recent filing with the SEC. The firm owned 14,747 shares of the company’s stock after selling 2,176 shares during the period. Webster Bank N. A.’s holdings in iShares Russell Mid-Cap ETF were worth $1,255,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. IFG Advisors LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 0.7% during the 4th quarter. IFG Advisors LLC now owns 15,992 shares of the company’s stock worth $1,414,000 after acquiring an additional 110 shares during the period. Heritage Financial Services LLC grew its stake in shares of iShares Russell Mid-Cap ETF by 4.9% in the 4th quarter. Heritage Financial Services LLC now owns 2,397 shares of the company’s stock worth $212,000 after buying an additional 112 shares during the last quarter. Holistic Financial Partners grew its stake in shares of iShares Russell Mid-Cap ETF by 2.4% in the 4th quarter. Holistic Financial Partners now owns 4,712 shares of the company’s stock worth $417,000 after buying an additional 112 shares during the last quarter. Financial Advocates Investment Management grew its stake in shares of iShares Russell Mid-Cap ETF by 2.0% in the 4th quarter. Financial Advocates Investment Management now owns 6,045 shares of the company’s stock worth $534,000 after buying an additional 121 shares during the last quarter. Finally, Jefferies Financial Group Inc. grew its stake in shares of iShares Russell Mid-Cap ETF by 2.9% in the 4th quarter. Jefferies Financial Group Inc. now owns 4,877 shares of the company’s stock worth $431,000 after buying an additional 137 shares during the last quarter.

iShares Russell Mid-Cap ETF Stock Up 0.3%

iShares Russell Mid-Cap ETF stock opened at $88.82 on Friday. The company has a market capitalization of $40.40 billion, a P/E ratio of 20.51 and a beta of 1.06. The stock’s 50 day moving average is $84.33 and its 200 day moving average is $88.44. iShares Russell Mid-Cap ETF has a twelve month low of $73.17 and a twelve month high of $96.01.

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.