Canandaigua National Bank & Trust Co. Cuts Stock Position in iShares Russell Mid-Cap ETF $IWR

Canandaigua National Bank & Trust Co. trimmed its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 8.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 54,360 shares of the company’s stock after selling 4,834 shares during the quarter. Canandaigua National Bank & Trust Co.’s holdings in iShares Russell Mid-Cap ETF were worth $5,801,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wells Fargo & Company MN grew its stake in shares of iShares Russell Mid-Cap ETF by 3.6% in the 4th quarter. Wells Fargo & Company MN now owns 41,686,088 shares of the company’s stock valued at $4,013,120,000 after buying an additional 1,438,369 shares during the period. Baird Financial Group Inc. increased its position in iShares Russell Mid-Cap ETF by 18.8% in the 2nd quarter. Baird Financial Group Inc. now owns 10,660,298 shares of the company’s stock valued at $1,176,044,000 after buying an additional 1,690,390 shares in the last quarter. JPMorgan Chase & Co. raised its stake in iShares Russell Mid-Cap ETF by 1.7% during the 4th quarter. JPMorgan Chase & Co. now owns 6,739,350 shares of the company’s stock worth $648,797,000 after buying an additional 115,580 shares during the period. Envestnet Asset Management Inc. raised its stake in iShares Russell Mid-Cap ETF by 0.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,500,690 shares of the company’s stock worth $496,505,000 after buying an additional 29,329 shares during the period. Finally, AMG National Trust Bank boosted its holdings in iShares Russell Mid-Cap ETF by 2.0% in the first quarter. AMG National Trust Bank now owns 3,889,097 shares of the company’s stock worth $378,137,000 after acquiring an additional 77,476 shares in the last quarter. 80.16% of the stock is owned by institutional investors.

iShares Russell Mid-Cap ETF Stock Performance

iShares Russell Mid-Cap ETF stock traded down $1.21 during mid-day trading on Wednesday, reaching $108.47. The stock had a trading volume of 936,515 shares, compared to its average volume of 2,225,370. iShares Russell Mid-Cap ETF has a fifty-two week low of $91.64 and a fifty-two week high of $114.97. The stock’s 50-day simple moving average is $110.85 and its 200-day simple moving average is $107.28. The firm has a market capitalization of $55.95 billion, a PE ratio of 21.00 and a beta of 1.00.

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. 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.