M&T Bank Corp Lowers Stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

by · The Markets Daily

M&T Bank Corp cut its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) by 7.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 509,633 shares of the company’s stock after selling 42,178 shares during the period. M&T Bank Corp’s holdings in iShares Russell Mid-Cap ETF were worth $44,919,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Legacy Investment Solutions LLC bought a new stake in iShares Russell Mid-Cap ETF during the third quarter valued at about $26,000. Future Financial Wealth Managment LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the third quarter worth about $30,000. Sage Mountain Advisors LLC raised its stake in iShares Russell Mid-Cap ETF by 50.9% during the 2nd quarter. Sage Mountain Advisors LLC now owns 403 shares of the company’s stock valued at $33,000 after purchasing an additional 136 shares during the period. Highline Wealth Partners LLC bought a new stake in iShares Russell Mid-Cap ETF during the 3rd quarter valued at approximately $41,000. Finally, New Millennium Group LLC purchased a new position in iShares Russell Mid-Cap ETF in the 2nd quarter worth approximately $42,000.

iShares Russell Mid-Cap ETF Price Performance

Shares of IWR opened at $89.22 on Friday. The company has a 50 day simple moving average of $91.58 and a two-hundred day simple moving average of $86.60. iShares Russell Mid-Cap ETF has a 1 year low of $75.00 and a 1 year high of $96.00. The firm has a market cap of $36.86 billion, a P/E ratio of 20.27 and a beta of 1.02.

iShares Russell Mid-Cap ETF Profile

(Free Report)

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.

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