iShares Russell Mid-Cap Value ETF $IWS Position Boosted by Pinnacle Financial Partners Inc

Pinnacle Financial Partners Inc increased its holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 5.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,362 shares of the company’s stock after purchasing an additional 3,722 shares during the quarter. Pinnacle Financial Partners Inc’s holdings in iShares Russell Mid-Cap Value ETF were worth $9,269,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in IWS. Clearstead Trust LLC bought a new stake in iShares Russell Mid-Cap Value ETF during the second quarter worth approximately $25,000. Clean Yield Group acquired a new stake in shares of iShares Russell Mid-Cap Value ETF during the 3rd quarter valued at $25,000. Westside Investment Management Inc. lifted its position in shares of iShares Russell Mid-Cap Value ETF by 108.3% during the 2nd quarter. Westside Investment Management Inc. now owns 200 shares of the company’s stock valued at $27,000 after acquiring an additional 104 shares during the last quarter. Financial Consulate Inc. bought a new stake in shares of iShares Russell Mid-Cap Value ETF during the 3rd quarter worth $29,000. Finally, Trust Co. of Toledo NA OH acquired a new position in shares of iShares Russell Mid-Cap Value ETF in the 2nd quarter worth $33,000. 80.17% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Value ETF Stock Down 0.3%

Shares of iShares Russell Mid-Cap Value ETF stock opened at $148.25 on Friday. iShares Russell Mid-Cap Value ETF has a 12-month low of $108.85 and a 12-month high of $149.21. The firm has a market capitalization of $14.92 billion, a PE ratio of 19.11 and a beta of 1.02. The stock’s fifty day moving average is $141.87 and its 200-day moving average is $138.95.

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.