Commerce Bank Cuts Stock Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Commerce Bank trimmed its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 1.2% during the third quarter, HoldingsChannel reports. The firm owned 1,566,542 shares of the company’s stock after selling 18,827 shares during the quarter. iShares Russell Mid-Cap ETF accounts for about 0.8% of Commerce Bank’s investment portfolio, making the stock its 24th biggest holding. Commerce Bank’s holdings in iShares Russell Mid-Cap ETF were worth $138,075,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. US Bancorp DE raised its position in iShares Russell Mid-Cap ETF by 0.8% in the second quarter. US Bancorp DE now owns 21,249,473 shares of the company’s stock worth $1,722,921,000 after acquiring an additional 176,860 shares during the period. Envestnet Asset Management Inc. lifted its stake in iShares Russell Mid-Cap ETF by 1.0% in the second quarter. Envestnet Asset Management Inc. now owns 4,403,601 shares of the company’s stock valued at $357,044,000 after purchasing an additional 45,347 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in iShares Russell Mid-Cap ETF by 2.5% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 3,966,679 shares of the company’s stock valued at $321,618,000 after purchasing an additional 98,154 shares during the period. AMG National Trust Bank increased its position in iShares Russell Mid-Cap ETF by 2.0% in the second quarter. AMG National Trust Bank now owns 3,846,913 shares of the company’s stock worth $311,908,000 after buying an additional 76,018 shares during the last quarter. Finally, LPL Financial LLC grew its stake in shares of iShares Russell Mid-Cap ETF by 2.8% during the 2nd quarter. LPL Financial LLC now owns 3,130,891 shares of the company’s stock worth $253,853,000 after acquiring an additional 84,394 shares during the period.

iShares Russell Mid-Cap ETF Trading Up 0.2 %

iShares Russell Mid-Cap ETF stock opened at $91.75 on Wednesday. The firm has a market capitalization of $37.90 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02. The firm has a 50 day simple moving average of $88.81 and a 200 day simple moving average of $84.87. iShares Russell Mid-Cap ETF has a 1-year low of $70.72 and a 1-year high of $93.85.

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.