SB Capital Management Inc bought a new stake in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 7,411 shares of the company’s stock, valued at approximately $1,045,000.
A number of other hedge funds have also recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. increased its stake in iShares Russell Mid-Cap Value ETF by 1,160.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,565,153 shares of the company’s stock worth $502,865,000 after buying an additional 3,282,372 shares during the period. Align Financial LLC purchased a new stake in iShares Russell Mid-Cap Value ETF in the 4th quarter valued at about $31,613,000. BNP Paribas Financial Markets grew its stake in iShares Russell Mid-Cap Value ETF by 397.2% in the 2nd quarter. BNP Paribas Financial Markets now owns 248,581 shares of the company’s stock worth $32,847,000 after acquiring an additional 198,581 shares in the last quarter. Wells Fargo & Company MN grew its stake in iShares Russell Mid-Cap Value ETF by 4.4% in the 4th quarter. Wells Fargo & Company MN now owns 3,917,401 shares of the company’s stock worth $552,549,000 after acquiring an additional 165,686 shares in the last quarter. Finally, Arax Advisory Partners purchased a new position in shares of iShares Russell Mid-Cap Value ETF during the fourth quarter worth approximately $19,302,000. 80.17% of the stock is currently owned by institutional investors.
iShares Russell Mid-Cap Value ETF Stock Performance
Shares of NYSEARCA:IWS opened at $162.95 on Friday. The firm’s 50 day simple moving average is $157.78 and its 200-day simple moving average is $150.65. iShares Russell Mid-Cap Value ETF has a one year low of $128.00 and a one year high of $165.60. The firm has a market cap of $15.53 billion, a PE ratio of 19.11 and a beta of 0.95.
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.
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