Tectonic Advisors LLC Increases Holdings in iShares Russell Mid-Cap Value ETF $IWS

Tectonic Advisors LLC lifted its holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 13.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,701 shares of the company’s stock after purchasing an additional 2,516 shares during the quarter. Tectonic Advisors LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $2,735,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of IWS. Brighton Jones LLC raised its stake in shares of iShares Russell Mid-Cap Value ETF by 1.0% in the fourth quarter. Brighton Jones LLC now owns 20,670 shares of the company’s stock worth $2,673,000 after purchasing an additional 201 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in shares of iShares Russell Mid-Cap Value ETF by 2.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 6,439 shares of the company’s stock worth $833,000 after purchasing an additional 124 shares during the last quarter. Miracle Mile Advisors LLC raised its stake in shares of iShares Russell Mid-Cap Value ETF by 26.7% in the first quarter. Miracle Mile Advisors LLC now owns 3,190 shares of the company’s stock worth $402,000 after purchasing an additional 673 shares during the last quarter. OLD National Bancorp IN purchased a new position in shares of iShares Russell Mid-Cap Value ETF in the first quarter worth $324,000. Finally, Farther Finance Advisors LLC raised its stake in shares of iShares Russell Mid-Cap Value ETF by 122.9% in the first quarter. Farther Finance Advisors LLC now owns 6,159 shares of the company’s stock worth $777,000 after purchasing an additional 3,396 shares during the last quarter. Hedge funds and other institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Price Performance

IWS stock opened at $140.50 on Thursday. iShares Russell Mid-Cap Value ETF has a 1-year low of $108.85 and a 1-year high of $141.68. The business has a fifty day moving average price of $137.77 and a 200-day moving average price of $131.07. The stock has a market capitalization of $14.18 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.