First Western Trust Bank Reduces Stake in iShares Russell Mid-Cap ETF $IWR

First Western Trust Bank trimmed its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 5.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,087,317 shares of the company’s stock after selling 66,015 shares during the quarter. iShares Russell Mid-Cap ETF makes up approximately 4.8% of First Western Trust Bank’s investment portfolio, making the stock its 3rd biggest holding. First Western Trust Bank owned about 0.23% of iShares Russell Mid-Cap ETF worth $104,980,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. HHM Wealth Advisors LLC bought a new stake in iShares Russell Mid-Cap ETF during the 2nd quarter valued at $29,000. Traub Capital Management LLC bought a new position in shares of iShares Russell Mid-Cap ETF in the 2nd quarter worth $37,000. Smartleaf Asset Management LLC raised its position in shares of iShares Russell Mid-Cap ETF by 192.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 400 shares of the company’s stock worth $39,000 after acquiring an additional 263 shares in the last quarter. Financial Gravity Companies Inc. purchased a new stake in shares of iShares Russell Mid-Cap ETF during the 2nd quarter worth $47,000. Finally, Cary Street Partners Investment Advisory LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the 3rd quarter worth $47,000. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

Shares of IWR stock opened at $97.08 on Monday. The stock’s 50-day moving average is $100.69 and its 200 day moving average is $97.78. iShares Russell Mid-Cap ETF has a 1-year low of $73.17 and a 1-year high of $103.53. The company has a market cap of $46.43 billion, a P/E ratio of 21.00 and a beta of 1.06.

iShares Russell Mid-Cap ETF Company 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.