Fifth Third Bancorp Lowers Holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Fifth Third Bancorp trimmed its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 13.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,314,213 shares of the company’s stock after selling 362,639 shares during the period. iShares Russell Mid-Cap ETF makes up about 0.8% of Fifth Third Bancorp’s holdings, making the stock its 29th biggest position. Fifth Third Bancorp owned approximately 0.59% of iShares Russell Mid-Cap ETF worth $179,884,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. First Command Advisory Services Inc. purchased a new stake in shares of iShares Russell Mid-Cap ETF during the 3rd quarter worth $25,000. Credit Suisse AG acquired a new position in shares of iShares Russell Mid-Cap ETF during the 4th quarter worth $26,000. Qube Research & Technologies Ltd acquired a new position in shares of iShares Russell Mid-Cap ETF during the 3rd quarter worth $28,000. Raleigh Capital Management Inc. acquired a new position in shares of iShares Russell Mid-Cap ETF during the 3rd quarter worth $29,000. Finally, Pacific Center for Financial Services acquired a new position in shares of iShares Russell Mid-Cap ETF during the 1st quarter worth $31,000.

iShares Russell Mid-Cap ETF Trading Up 0.2 %

Shares of NYSEARCA:IWR traded up $0.20 during midday trading on Friday, hitting $84.09. 807,988 shares of the stock were exchanged, compared to its average volume of 1,260,691. The stock has a market cap of $33.19 billion, a P/E ratio of 15.16 and a beta of 1.09. iShares Russell Mid-Cap ETF has a twelve month low of $64.66 and a twelve month high of $84.33. The company has a 50 day moving average price of $80.09 and a 200-day moving average price of $74.75.

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.