Harbour Investments Inc. Trims Stake in iShares Russell Mid-Cap Value ETF $IWS

Harbour Investments Inc. reduced its holdings in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 25.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,154 shares of the company’s stock after selling 751 shares during the period. Harbour Investments Inc.’s holdings in iShares Russell Mid-Cap Value ETF were worth $285,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IWS. Zions Bancorporation National Association UT purchased a new stake in iShares Russell Mid-Cap Value ETF during the first quarter valued at approximately $151,753,000. Jones Financial Companies Lllp increased its stake in shares of iShares Russell Mid-Cap Value ETF by 7.9% in the first quarter. Jones Financial Companies Lllp now owns 10,056,638 shares of the company’s stock worth $1,258,208,000 after purchasing an additional 736,389 shares in the last quarter. American Century Companies Inc. purchased a new stake in shares of iShares Russell Mid-Cap Value ETF in the first quarter worth $78,091,000. Pacific Life Fund Advisors LLC purchased a new stake in shares of iShares Russell Mid-Cap Value ETF in the first quarter worth $50,290,000. Finally, Wellington Management Group LLP purchased a new stake in shares of iShares Russell Mid-Cap Value ETF in the first quarter worth $22,146,000. 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 $139.82 on Wednesday. The firm has a fifty day moving average price of $138.51 and a 200-day moving average price of $131.93. The stock has a market cap of $14.03 billion, a PE ratio of 19.11 and a beta of 1.08. iShares Russell Mid-Cap Value ETF has a 1 year low of $108.85 and a 1 year high of $141.68.

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.