MAI Capital Management Grows Stock Holdings in iShares Russell Mid-Cap Value ETF $IWS

MAI Capital Management lifted its position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 3.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 79,110 shares of the company’s stock after buying an additional 2,861 shares during the quarter. MAI Capital Management owned approximately 0.08% of iShares Russell Mid-Cap Value ETF worth $10,454,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC grew its holdings in shares of iShares Russell Mid-Cap Value ETF by 1.0% in the fourth quarter. Brighton Jones LLC now owns 20,670 shares of the company’s stock valued at $2,673,000 after purchasing an additional 201 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in iShares Russell Mid-Cap Value ETF by 2.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 6,439 shares of the company’s stock valued at $833,000 after buying an additional 124 shares during the period. Pinnacle Associates Ltd. boosted its position in iShares Russell Mid-Cap Value ETF by 9.4% in the 1st quarter. Pinnacle Associates Ltd. now owns 3,302 shares of the company’s stock valued at $416,000 after buying an additional 285 shares during the period. Cetera Investment Advisers grew its stake in shares of iShares Russell Mid-Cap Value ETF by 11.3% in the first quarter. Cetera Investment Advisers now owns 326,445 shares of the company’s stock worth $41,122,000 after acquiring an additional 33,189 shares in the last quarter. Finally, Assetmark Inc. increased its position in shares of iShares Russell Mid-Cap Value ETF by 8.9% during the first quarter. Assetmark Inc. now owns 5,104 shares of the company’s stock worth $643,000 after acquiring an additional 415 shares during the period. 80.17% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Value ETF Trading Up 2.1%

NYSEARCA:IWS opened at $136.68 on Friday. iShares Russell Mid-Cap Value ETF has a 12-month low of $108.85 and a 12-month high of $141.68. The firm has a market cap of $13.63 billion, a PE ratio of 19.11 and a beta of 1.02. The stock has a fifty day moving average price of $138.54 and a 200 day moving average price of $134.99.

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.