Wescott Financial Advisory Group LLC Lowers Stock Position in iShares Russell Mid-Cap Value ETF $IWS

Wescott Financial Advisory Group LLC trimmed its stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 1.9% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 210,228 shares of the company’s stock after selling 4,067 shares during the period. iShares Russell Mid-Cap Value ETF comprises 2.6% of Wescott Financial Advisory Group LLC’s investment portfolio, making the stock its 11th biggest holding. Wescott Financial Advisory Group LLC owned approximately 0.21% of iShares Russell Mid-Cap Value ETF worth $29,363,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Bank of America Corp DE raised its position in iShares Russell Mid-Cap Value ETF by 0.4% in the second quarter. Bank of America Corp DE now owns 3,759,738 shares of the company’s stock valued at $496,812,000 after purchasing an additional 16,361 shares during the period. TIAA Trust National Association boosted its position in shares of iShares Russell Mid-Cap Value ETF by 0.3% during the second quarter. TIAA Trust National Association now owns 3,393,013 shares of the company’s stock worth $448,338,000 after buying an additional 11,380 shares during the period. Envestnet Portfolio Solutions Inc. grew its stake in shares of iShares Russell Mid-Cap Value ETF by 1.7% in the third quarter. Envestnet Portfolio Solutions Inc. now owns 2,823,287 shares of the company’s stock valued at $394,329,000 after buying an additional 48,211 shares in the last quarter. First Citizens Bank & Trust Co. raised its holdings in shares of iShares Russell Mid-Cap Value ETF by 3.1% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 2,698,999 shares of the company’s stock valued at $376,969,000 after buying an additional 80,032 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in shares of iShares Russell Mid-Cap Value ETF by 3.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,128,123 shares of the company’s stock valued at $149,477,000 after buying an additional 36,938 shares during the period. 80.17% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Value ETF Trading Up 2.4%

IWS opened at $152.07 on Friday. The stock’s 50-day moving average price is $144.91 and its 200 day moving average price is $140.36. iShares Russell Mid-Cap Value ETF has a 12-month low of $108.85 and a 12-month high of $152.23. The firm has a market cap of $15.12 billion, a price-to-earnings ratio of 19.11 and a beta of 1.02.

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.