Eastern Bank Sells 10,209 Shares of iShares Russell Mid-Cap ETF $IWR

Eastern Bank reduced its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 31.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 22,290 shares of the company’s stock after selling 10,209 shares during the period. Eastern Bank’s holdings in iShares Russell Mid-Cap ETF were worth $2,146,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Welch & Forbes LLC raised its stake in iShares Russell Mid-Cap ETF by 0.5% during the third quarter. Welch & Forbes LLC now owns 22,832 shares of the company’s stock worth $2,204,000 after acquiring an additional 105 shares in the last quarter. Hollencrest Capital Management boosted its stake in shares of iShares Russell Mid-Cap ETF by 1.7% in the 3rd quarter. Hollencrest Capital Management now owns 6,226 shares of the company’s stock valued at $601,000 after purchasing an additional 106 shares in the last quarter. Cornerstone Wealth Management LLC boosted its stake in shares of iShares Russell Mid-Cap ETF by 0.5% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 21,223 shares of the company’s stock valued at $2,049,000 after purchasing an additional 114 shares in the last quarter. Objectivity Squared LLC boosted its stake in shares of iShares Russell Mid-Cap ETF by 3.7% in the 3rd quarter. Objectivity Squared LLC now owns 3,304 shares of the company’s stock valued at $319,000 after purchasing an additional 117 shares in the last quarter. Finally, Advisor OS LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 1.8% during the 3rd quarter. Advisor OS LLC now owns 6,854 shares of the company’s stock valued at $662,000 after purchasing an additional 118 shares during the last quarter. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

IWR stock opened at $95.41 on Monday. The company has a 50 day simple moving average of $100.15 and a 200 day simple moving average of $97.87. The stock has a market cap of $45.63 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06. iShares Russell Mid-Cap ETF has a 1 year low of $73.17 and a 1 year high of $103.53.

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. The Index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000 Index. The Index includes equity securities issued by issuers, which range in size between approximately $1.7 billion and $12 billion, though these amounts may change from time to time.