Sei Investments Co. acquired a new stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS – Free Report) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 5,286 shares of the company’s stock, valued at approximately $770,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in IWS. Northwestern Mutual Wealth Management Co. grew its position in iShares Russell Mid-Cap Value ETF by 1,160.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,565,153 shares of the company’s stock valued at $502,865,000 after purchasing an additional 3,282,372 shares in the last quarter. Align Financial LLC bought a new stake in iShares Russell Mid-Cap Value ETF during the 4th quarter worth about $31,613,000. BNP Paribas Financial Markets lifted its position in iShares Russell Mid-Cap Value ETF by 397.2% during the 2nd quarter. BNP Paribas Financial Markets now owns 248,581 shares of the company’s stock worth $32,847,000 after buying an additional 198,581 shares in the last quarter. Wells Fargo & Company MN boosted its stake in shares of iShares Russell Mid-Cap Value ETF by 4.4% during the 4th quarter. Wells Fargo & Company MN now owns 3,917,401 shares of the company’s stock worth $552,549,000 after buying an additional 165,686 shares during the last quarter. Finally, Arax Advisory Partners acquired a new position in shares of iShares Russell Mid-Cap Value ETF during the 4th quarter worth about $19,302,000. 80.17% of the stock is currently owned by institutional investors and hedge funds.
iShares Russell Mid-Cap Value ETF Price Performance
Shares of NYSEARCA IWS opened at $173.17 on Friday. The business has a 50-day moving average of $165.75 and a 200-day moving average of $157.07. The stock has a market capitalization of $16.14 billion, a price-to-earnings ratio of 19.11 and a beta of 0.95. iShares Russell Mid-Cap Value ETF has a fifty-two week low of $133.74 and a fifty-two week high of $173.25.
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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