Peoples Bank OH Reduces Stock Holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Peoples Bank OH reduced its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 1.7% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 24,804 shares of the company’s stock after selling 430 shares during the period. iShares Russell Mid-Cap ETF makes up 1.2% of Peoples Bank OH’s holdings, making the stock its 21st biggest holding. Peoples Bank OH’s holdings in iShares Russell Mid-Cap ETF were worth $2,086,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. Baystate Wealth Management LLC grew its stake in iShares Russell Mid-Cap ETF by 3.2% during the 4th quarter. Baystate Wealth Management LLC now owns 648,382 shares of the company’s stock valued at $50,399,000 after purchasing an additional 20,400 shares in the last quarter. NBW Capital LLC acquired a new position in iShares Russell Mid-Cap ETF during the 4th quarter valued at approximately $298,000. Park Place Capital Corp boosted its position in iShares Russell Mid-Cap ETF by 30.9% during the 4th quarter. Park Place Capital Corp now owns 4,144 shares of the company’s stock valued at $322,000 after purchasing an additional 979 shares during the period. First Horizon Advisors Inc. boosted its position in iShares Russell Mid-Cap ETF by 3.1% during the 4th quarter. First Horizon Advisors Inc. now owns 128,365 shares of the company’s stock valued at $9,978,000 after purchasing an additional 3,878 shares during the period. Finally, Claro Advisors LLC acquired a new position in iShares Russell Mid-Cap ETF during the 4th quarter valued at approximately $233,000.

iShares Russell Mid-Cap ETF Price Performance

NYSEARCA:IWR traded down $0.27 during midday trading on Tuesday, reaching $80.61. 771,392 shares of the company traded hands, compared to its average volume of 1,266,094. iShares Russell Mid-Cap ETF has a twelve month low of $64.66 and a twelve month high of $84.33. The firm has a market capitalization of $33.30 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02. The company has a fifty day moving average price of $81.50 and a 200 day moving average price of $80.26.

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.