M&T Bank Corp Sells 20,351 Shares of iShares Russell Mid-Cap ETF $IWR

M&T Bank Corp cut its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 4.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 431,206 shares of the company’s stock after selling 20,351 shares during the period. M&T Bank Corp owned approximately 0.09% of iShares Russell Mid-Cap ETF worth $41,633,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in IWR. Welch & Forbes LLC grew its holdings in iShares Russell Mid-Cap ETF by 0.5% during the 3rd quarter. Welch & Forbes LLC now owns 22,832 shares of the company’s stock worth $2,204,000 after acquiring an additional 105 shares in the last quarter. Hollencrest Capital Management raised its holdings in shares of iShares Russell Mid-Cap ETF by 1.7% in the 3rd quarter. Hollencrest Capital Management now owns 6,226 shares of the company’s stock valued at $601,000 after purchasing an additional 106 shares in the last quarter. Meridian Wealth Management LLC raised its holdings in shares of iShares Russell Mid-Cap ETF by 0.5% in the 2nd quarter. Meridian Wealth Management LLC now owns 20,962 shares of the company’s stock valued at $1,928,000 after purchasing an additional 112 shares in the last quarter. Cornerstone Wealth Management LLC lifted its position in shares of iShares Russell Mid-Cap ETF by 0.5% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 21,223 shares of the company’s stock worth $2,049,000 after purchasing an additional 114 shares during the last quarter. Finally, Objectivity Squared LLC lifted its position in shares of iShares Russell Mid-Cap ETF by 3.7% during the 3rd quarter. Objectivity Squared LLC now owns 3,304 shares of the company’s stock worth $319,000 after purchasing an additional 117 shares during the last quarter. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Down 0.1%

Shares of IWR stock opened at $97.08 on Friday. The company has a market cap of $46.43 billion, a P/E ratio of 21.00 and a beta of 1.06. The firm has a fifty day moving average price of $100.69 and a 200 day moving average price of $97.76. iShares Russell Mid-Cap ETF has a 12 month low of $73.17 and a 12 month high of $103.53.

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.