Royal Bank of Canada lessened its holdings in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS – Free Report) by 0.6% during the 1st quarter, HoldingsChannel reports. The fund owned 2,376,742 shares of the company’s stock after selling 13,914 shares during the quarter. Royal Bank of Canada’s holdings in iShares Russell Mid-Cap Value ETF were worth $346,386,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Signature Resources Capital Management LLC raised its holdings in iShares Russell Mid-Cap Value ETF by 116.5% in the 1st quarter. Signature Resources Capital Management LLC now owns 171 shares of the company’s stock worth $25,000 after purchasing an additional 92 shares during the period. Kohmann Bosshard Financial Services LLC purchased a new position in iShares Russell Mid-Cap Value ETF during the fourth quarter valued at $28,000. Triumph Capital Management bought a new stake in iShares Russell Mid-Cap Value ETF during the third quarter valued at about $29,000. Laurel Wealth Advisors LLC bought a new stake in iShares Russell Mid-Cap Value ETF during the fourth quarter valued at about $35,000. Finally, Palisade Asset Management LLC purchased a new stake in iShares Russell Mid-Cap Value ETF in the third quarter worth about $43,000. 80.17% of the stock is currently owned by hedge funds and other institutional investors.
iShares Russell Mid-Cap Value ETF Stock Down 0.9%
Shares of IWS opened at $167.97 on Thursday. The business has a 50-day simple moving average of $163.51 and a two-hundred day simple moving average of $155.32. iShares Russell Mid-Cap Value ETF has a 52 week low of $131.46 and a 52 week high of $169.71. The stock has a market cap of $15.65 billion, a price-to-earnings 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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Want to see what other hedge funds are holding IWS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS – Free Report).
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