iShares Russell Mid-Cap Value ETF $IWS Shares Sold by Phillips Financial Management LLC

Phillips Financial Management LLC cut its stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 6.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,495 shares of the company’s stock after selling 295 shares during the period. Phillips Financial Management LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $594,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Cullen Frost Bankers Inc. raised its holdings in iShares Russell Mid-Cap Value ETF by 16.6% in the second quarter. Cullen Frost Bankers Inc. now owns 5,859 shares of the company’s stock valued at $774,000 after acquiring an additional 833 shares in the last quarter. Whittier Trust Co. of Nevada Inc. raised its holdings in shares of iShares Russell Mid-Cap Value ETF by 1.2% during the second quarter. Whittier Trust Co. of Nevada Inc. now owns 17,711 shares of the company’s stock worth $2,340,000 after purchasing an additional 217 shares during the period. Whittier Trust Co. raised its holdings in shares of iShares Russell Mid-Cap Value ETF by 1.0% during the second quarter. Whittier Trust Co. now owns 18,272 shares of the company’s stock worth $2,414,000 after purchasing an additional 189 shares during the period. Stephens Inc. AR raised its holdings in shares of iShares Russell Mid-Cap Value ETF by 2.3% during the second quarter. Stephens Inc. AR now owns 835,726 shares of the company’s stock worth $110,433,000 after purchasing an additional 19,155 shares during the period. Finally, Calamos Wealth Management LLC acquired a new stake in shares of iShares Russell Mid-Cap Value ETF during the second quarter worth $225,000. 80.17% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Value ETF Stock Performance

Shares of NYSEARCA:IWS opened at $139.82 on Wednesday. The stock has a market capitalization of $14.03 billion, a price-to-earnings 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. The company’s fifty day moving average is $138.51 and its two-hundred day moving average is $131.93.

iShares Russell Mid-Cap Value ETF Profile

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.