Citizens Business Bank Reduces Stock Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Citizens Business Bank lessened its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 0.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 644,392 shares of the company’s stock after selling 4,452 shares during the period. iShares Russell Mid-Cap ETF makes up approximately 11.3% of Citizens Business Bank’s investment portfolio, making the stock its largest position. Citizens Business Bank owned about 0.16% of iShares Russell Mid-Cap ETF worth $50,089,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. U.S. Capital Wealth Advisors LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 2.1% during the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 10,769 shares of the company’s stock worth $746,000 after purchasing an additional 218 shares in the last quarter. Copeland Capital Management LLC grew its position in iShares Russell Mid-Cap ETF by 155.4% in the third quarter. Copeland Capital Management LLC now owns 63,183 shares of the company’s stock valued at $4,375,000 after acquiring an additional 38,446 shares during the last quarter. Litman Gregory Wealth Management LLC acquired a new position in iShares Russell Mid-Cap ETF during the third quarter worth about $1,726,000. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of iShares Russell Mid-Cap ETF by 6.7% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 447,597 shares of the company’s stock worth $30,996,000 after acquiring an additional 28,146 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF in the 3rd quarter valued at approximately $281,000.

iShares Russell Mid-Cap ETF Price Performance

IWR stock traded down $1.36 during trading on Tuesday, reaching $79.62. 794,396 shares of the company were exchanged, compared to its average volume of 1,425,367. 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 market capitalization of $32.80 billion, a price-to-earnings ratio of 19.78 and a beta of 1.02. The company has a 50-day moving average of $81.40 and a two-hundred day moving average of $76.48.

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.