Moran Wealth Management LLC Sells 168,106 Shares of iShares Russell Mid-Cap Value ETF $IWS

Moran Wealth Management LLC lessened its holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 98.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 1,980 shares of the company’s stock after selling 168,106 shares during the period. Moran Wealth Management LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $279,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Cahaba Wealth Management Inc. raised its holdings in iShares Russell Mid-Cap Value ETF by 1.9% during the 3rd quarter. Cahaba Wealth Management Inc. now owns 4,040 shares of the company’s stock worth $564,000 after purchasing an additional 74 shares during the last quarter. Magnus Financial Group LLC raised its holdings in iShares Russell Mid-Cap Value ETF by 3.1% during the 4th quarter. Magnus Financial Group LLC now owns 2,589 shares of the company’s stock worth $365,000 after purchasing an additional 77 shares during the last quarter. Sonata Capital Group Inc. raised its holdings in iShares Russell Mid-Cap Value ETF by 0.8% during the 4th quarter. Sonata Capital Group Inc. now owns 9,276 shares of the company’s stock worth $1,308,000 after purchasing an additional 77 shares during the last quarter. Horst & Graben Wealth Management LLC raised its holdings in iShares Russell Mid-Cap Value ETF by 0.6% during the 3rd quarter. Horst & Graben Wealth Management LLC now owns 13,411 shares of the company’s stock worth $1,873,000 after purchasing an additional 79 shares during the last quarter. Finally, Heck Capital Advisors LLC raised its holdings in iShares Russell Mid-Cap Value ETF by 0.8% during the 4th quarter. Heck Capital Advisors LLC now owns 10,774 shares of the company’s stock worth $1,520,000 after purchasing an additional 81 shares during the last quarter. Institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Stock Performance

iShares Russell Mid-Cap Value ETF stock opened at $155.79 on Wednesday. iShares Russell Mid-Cap Value ETF has a 52-week low of $117.27 and a 52-week high of $157.69. The firm has a 50 day moving average price of $149.79 and a two-hundred day moving average price of $144.94. The firm has a market cap of $14.86 billion, a price-to-earnings ratio of 19.11 and a beta of 0.98.

iShares Russell Mid-Cap Value ETF Company 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. The Value Index is a subset of the Russell Midcap Index and measures the performance of equity securities issued by those Russell Midcap Index companies with relatively lower price-to-book ratios and lower forecasted growth.