Arax Advisory Partners acquired a new stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS – Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 147,771 shares of the company’s stock, valued at approximately $19,302,000.
Other hedge funds have also recently bought and sold shares of the company. Kohmann Bosshard Financial Services LLC bought a new position in iShares Russell Mid-Cap Value ETF in the 4th quarter valued at $28,000. Triumph Capital Management bought a new position in iShares Russell Mid-Cap Value ETF in the 3rd quarter valued at $29,000. Investment Counsel Co. of Nevada bought a new position in iShares Russell Mid-Cap Value ETF in the 3rd quarter valued at $35,000. Laurel Wealth Advisors LLC bought a new position in iShares Russell Mid-Cap Value ETF in the 4th quarter valued at $35,000. Finally, Palisade Asset Management LLC bought a new position in iShares Russell Mid-Cap Value ETF in the 3rd quarter valued at $43,000. 80.17% of the stock is currently owned by institutional investors.
iShares Russell Mid-Cap Value ETF Stock Performance
Shares of IWS opened at $163.74 on Friday. The firm has a market capitalization of $15.60 billion, a price-to-earnings ratio of 19.11 and a beta of 0.95. The business’s fifty day moving average price is $156.55 and its two-hundred day moving average price is $149.93. iShares Russell Mid-Cap Value ETF has a 52 week low of $128.00 and a 52 week high of $164.11.
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. 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.
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