UMB Bank n.a. Lowers Holdings in iShares Russell Mid-Cap Value ETF $IWS

UMB Bank n.a. reduced its position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 8.7% during the 2nd quarter, HoldingsChannel reports. The fund owned 78,233 shares of the company’s stock after selling 7,408 shares during the period. UMB Bank n.a.’s holdings in iShares Russell Mid-Cap Value ETF were worth $10,338,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of IWS. City Center Advisors LLC raised its holdings in iShares Russell Mid-Cap Value ETF by 1.9% in the 2nd quarter. City Center Advisors LLC now owns 4,228 shares of the company’s stock valued at $559,000 after acquiring an additional 78 shares during the last quarter. NBC Securities Inc. increased its holdings in shares of iShares Russell Mid-Cap Value ETF by 1.3% during the 2nd quarter. NBC Securities Inc. now owns 6,665 shares of the company’s stock worth $880,000 after buying an additional 88 shares during the last quarter. Sovran Advisors LLC increased its holdings in shares of iShares Russell Mid-Cap Value ETF by 3.9% during the 1st quarter. Sovran Advisors LLC now owns 2,687 shares of the company’s stock worth $318,000 after buying an additional 102 shares during the last quarter. Breakwater Capital Group increased its holdings in shares of iShares Russell Mid-Cap Value ETF by 3.7% during the 2nd quarter. Breakwater Capital Group now owns 2,905 shares of the company’s stock worth $384,000 after buying an additional 103 shares during the last quarter. Finally, Essex Financial Services Inc. increased its holdings in shares of iShares Russell Mid-Cap Value ETF by 2.4% during the 1st quarter. Essex Financial Services Inc. now owns 4,511 shares of the company’s stock worth $568,000 after buying an additional 104 shares during the last quarter. 80.17% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Value ETF Price Performance

Shares of NYSEARCA IWS opened at $138.72 on Friday. iShares Russell Mid-Cap Value ETF has a 1 year low of $108.85 and a 1 year high of $140.95. The company has a 50 day simple moving average of $136.77 and a 200-day simple moving average of $129.86. The company has a market capitalization of $13.84 billion, a P/E ratio of 19.11 and a beta of 1.08.

About iShares Russell Mid-Cap Value ETF

iShares Russell Mid-Cap Value ETF (the Fund), formerly iShares Russell Midcap Value 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 Value Index (the Value Index). The Value Index measures the performance of the mid-capitalization value sector of the United States equity market.