First Merchants Corp Buys 629 Shares of iShares Russell Mid-Cap Value ETF $IWS

First Merchants Corp raised its stake in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 1.7% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 37,828 shares of the company’s stock after purchasing an additional 629 shares during the quarter. First Merchants Corp’s holdings in iShares Russell Mid-Cap Value ETF were worth $4,999,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the business. Jones Financial Companies Lllp boosted its position in shares of iShares Russell Mid-Cap Value ETF by 7.9% during the 1st quarter. Jones Financial Companies Lllp now owns 10,056,638 shares of the company’s stock valued at $1,258,208,000 after acquiring an additional 736,389 shares in the last quarter. US Bancorp DE boosted its position in shares of iShares Russell Mid-Cap Value ETF by 2.4% during the 1st quarter. US Bancorp DE now owns 4,355,252 shares of the company’s stock valued at $548,652,000 after acquiring an additional 103,969 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in shares of iShares Russell Mid-Cap Value ETF by 1.6% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 3,944,685 shares of the company’s stock valued at $496,912,000 after acquiring an additional 60,435 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in shares of iShares Russell Mid-Cap Value ETF by 5.1% during the 1st quarter. Commonwealth Equity Services LLC now owns 2,257,427 shares of the company’s stock valued at $284,368,000 after acquiring an additional 109,126 shares in the last quarter. Finally, Zions Bancorporation National Association UT acquired a new stake in shares of iShares Russell Mid-Cap Value ETF during the 1st quarter valued at about $151,753,000. 80.17% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Value ETF Stock Performance

Shares of iShares Russell Mid-Cap Value ETF stock opened at $140.50 on Thursday. The firm’s 50-day simple moving average is $137.77 and its 200-day simple moving average is $131.07. iShares Russell Mid-Cap Value ETF has a twelve month low of $108.85 and a twelve month high of $141.68. The firm has a market cap of $14.18 billion, a P/E ratio of 19.11 and a beta of 1.08.

About iShares Russell Mid-Cap Value ETF

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.