Burke & Herbert Bank & Trust Co. Raises Holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Burke & Herbert Bank & Trust Co. boosted its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 3.1% in the 4th quarter, Holdings Channel reports. The fund owned 44,719 shares of the company’s stock after buying an additional 1,332 shares during the period. iShares Russell Mid-Cap ETF makes up 0.9% of Burke & Herbert Bank & Trust Co.’s investment portfolio, making the stock its 23rd largest position. Burke & Herbert Bank & Trust Co.’s holdings in iShares Russell Mid-Cap ETF were worth $3,953,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the stock. Raymond James & Associates increased its holdings in shares of iShares Russell Mid-Cap ETF by 2.6% during the 3rd quarter. Raymond James & Associates now owns 1,454,215 shares of the company’s stock valued at $128,175,000 after purchasing an additional 36,255 shares in the last quarter. Summit Investment Advisory Services LLC grew its position in iShares Russell Mid-Cap ETF by 2.1% during the fourth quarter. Summit Investment Advisory Services LLC now owns 7,688 shares of the company’s stock valued at $680,000 after buying an additional 161 shares during the period. Transcendent Capital Group LLC increased its holdings in iShares Russell Mid-Cap ETF by 150.2% in the third quarter. Transcendent Capital Group LLC now owns 523 shares of the company’s stock valued at $46,000 after buying an additional 314 shares in the last quarter. Brookstone Capital Management acquired a new position in shares of iShares Russell Mid-Cap ETF in the fourth quarter worth about $268,000. Finally, Hilltop Holdings Inc. raised its position in shares of iShares Russell Mid-Cap ETF by 1.9% in the third quarter. Hilltop Holdings Inc. now owns 33,376 shares of the company’s stock worth $2,942,000 after acquiring an additional 608 shares during the period.

iShares Russell Mid-Cap ETF Stock Down 0.0 %

NYSEARCA:IWR opened at $92.30 on Monday. iShares Russell Mid-Cap ETF has a 52 week low of $78.36 and a 52 week high of $96.00. The stock’s 50-day moving average price is $90.90 and its 200-day moving average price is $89.11. The stock has a market capitalization of $38.13 billion, a PE ratio of 20.27 and a beta of 1.02.

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.