First Citizens Bank & Trust Co. Buys New Holdings in iShares Russell Mid-Cap ETF $IWR

First Citizens Bank & Trust Co. bought a new position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the 3rd quarter, Holdings Channel.com reports. The fund bought 152,617 shares of the company’s stock, valued at approximately $16,286,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. NFSG Corp boosted its holdings in shares of iShares Russell Mid-Cap ETF by 93.1% during the 1st quarter. NFSG Corp now owns 280 shares of the company’s stock valued at $27,000 after purchasing an additional 135 shares during the last quarter. Frazier Financial Advisors LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the first quarter worth about $31,000. Reflection Asset Management bought a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter worth about $33,000. Tucker Asset Management LLC increased its holdings in shares of iShares Russell Mid-Cap ETF by 234.6% in the second quarter. Tucker Asset Management LLC now owns 358 shares of the company’s stock worth $39,000 after purchasing an additional 251 shares during the last quarter. Finally, Scarborough Advisors LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF in the first quarter worth about $38,000. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Up 0.1%

Shares of iShares Russell Mid-Cap ETF stock opened at $109.59 on Wednesday. The firm has a market cap of $56.65 billion, a PE ratio of 21.00 and a beta of 1.00. The stock has a 50 day moving average of $110.71 and a 200 day moving average of $107.70. iShares Russell Mid-Cap ETF has a 12 month low of $91.64 and a 12 month high of $114.97.

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.