UMB Bank n.a. Cuts Stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

UMB Bank n.a. cut its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 0.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 659,093 shares of the company’s stock after selling 1,202 shares during the quarter. iShares Russell Mid-Cap ETF makes up about 0.9% of UMB Bank n.a.’s investment portfolio, making the stock its 24th largest position. UMB Bank n.a. owned approximately 0.16% of iShares Russell Mid-Cap ETF worth $58,092,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. Pathstone Holdings LLC bought a new position in shares of iShares Russell Mid-Cap ETF during the 4th quarter worth approximately $157,496,000. Baird Financial Group Inc. grew its holdings in iShares Russell Mid-Cap ETF by 28.3% in 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 during the last quarter. Natixis Advisors LLC increased its position in shares of iShares Russell Mid-Cap ETF by 337.3% during the second quarter. Natixis Advisors LLC now owns 1,668,038 shares of the company’s stock worth $135,245,000 after purchasing an additional 1,286,639 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of iShares Russell Mid-Cap ETF by 849.0% during the 1st quarter. Cetera Investment Advisers now owns 1,192,772 shares of the company’s stock valued at $100,300,000 after purchasing an additional 1,067,086 shares during the last quarter. Finally, Strategic Financial Concepts LLC boosted its position in shares of iShares Russell Mid-Cap ETF by 3,333.2% in the 2nd quarter. Strategic Financial Concepts LLC now owns 470,035 shares of the company’s stock worth $381,000 after purchasing an additional 456,344 shares in the last quarter.

iShares Russell Mid-Cap ETF Price Performance

iShares Russell Mid-Cap ETF stock traded down $0.41 during midday trading on Thursday, reaching $87.70. The company’s stock had a trading volume of 190,783 shares, compared to its average volume of 1,222,038. iShares Russell Mid-Cap ETF has a 52-week low of $64.66 and a 52-week high of $88.53. The stock has a market capitalization of $36.23 billion, a P/E ratio of 20.27 and a beta of 1.02. The stock’s 50-day simple moving average is $85.36 and its 200-day simple moving average is $83.09.

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.