Sabal Trust CO Has $4.90 Million Stock Holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Sabal Trust CO increased its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 1.3% during the fourth quarter, Holdings Channel reports. The firm owned 55,412 shares of the company’s stock after acquiring an additional 710 shares during the period. Sabal Trust CO’s holdings in iShares Russell Mid-Cap ETF were worth $4,898,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of IWR. Provident Wealth Management LLC acquired a new position in iShares Russell Mid-Cap ETF during the fourth quarter valued at approximately $41,000. Daner Wealth Management LLC bought a new position in shares of iShares Russell Mid-Cap ETF in the 4th quarter valued at $3,596,000. Exchange Capital Management Inc. acquired a new stake in shares of iShares Russell Mid-Cap ETF during the 4th quarter valued at $272,000. Pine Valley Investments Ltd Liability Co bought a new stake in iShares Russell Mid-Cap ETF during the 4th quarter worth $405,000. Finally, BankPlus Trust Department acquired a new position in iShares Russell Mid-Cap ETF in the 4th quarter worth about $362,000.

iShares Russell Mid-Cap ETF Trading Down 0.3 %

NYSEARCA:IWR opened at $89.41 on Wednesday. The stock’s 50-day moving average is $90.68 and its 200-day moving average is $89.59. The stock has a market cap of $38.92 billion, a P/E ratio of 21.79 and a beta of 1.12. iShares Russell Mid-Cap ETF has a 1-year low of $78.36 and a 1-year high of $96.00.

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.