Webster Bank N. A. Decreases Stock Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Webster Bank N. A. cut its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 3.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,152 shares of the company’s stock after selling 696 shares during the period. Webster Bank N. A.’s holdings in iShares Russell Mid-Cap ETF were worth $1,442,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. US Bancorp DE increased its position in shares of iShares Russell Mid-Cap ETF by 1.8% during the fourth quarter. US Bancorp DE now owns 21,262,137 shares of the company’s stock worth $1,652,718,000 after purchasing an additional 378,904 shares in the last quarter. Jones Financial Companies Lllp increased its position in shares of iShares Russell Mid-Cap ETF by 3.5% during the fourth quarter. Jones Financial Companies Lllp now owns 20,399,582 shares of the company’s stock worth $1,585,660,000 after purchasing an additional 695,205 shares in the last quarter. Northern Trust Corp increased its position in shares of iShares Russell Mid-Cap ETF by 2.4% during the fourth quarter. Northern Trust Corp now owns 9,093,647 shares of the company’s stock worth $706,849,000 after purchasing an additional 212,522 shares in the last quarter. Baird Financial Group Inc. increased its position in shares of iShares Russell Mid-Cap ETF by 28.3% during the fourth quarter. Baird Financial Group Inc. now owns 7,802,114 shares of the company’s stock worth $606,458,000 after purchasing an additional 1,722,388 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of iShares Russell Mid-Cap ETF by 2.8% during the third quarter. JPMorgan Chase & Co. now owns 6,952,368 shares of the company’s stock worth $481,451,000 after purchasing an additional 190,254 shares in the last quarter.

iShares Russell Mid-Cap ETF Price Performance

Shares of IWR traded up $0.09 during midday trading on Friday, reaching $81.08. 1,101,782 shares of the stock were exchanged, compared to its average volume of 1,280,086. The business’s 50-day moving average price is $81.43 and its 200 day moving average price is $80.03. 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 $33.49 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02.

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.