iShares Russell Mid-Cap Value ETF $IWS Shares Sold by Avantax Planning Partners Inc.

Avantax Planning Partners Inc. trimmed its stake in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 3.9% during the 4th quarter, Holdings Channel reports. The fund owned 107,419 shares of the company’s stock after selling 4,337 shares during the quarter. Avantax Planning Partners Inc.’s holdings in iShares Russell Mid-Cap Value ETF were worth $15,152,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of iShares Russell Mid-Cap Value ETF during the 4th quarter worth about $28,000. Rossmore Private Capital purchased a new position in shares of iShares Russell Mid-Cap Value ETF in the 3rd quarter valued at about $29,000. Triumph Capital Management purchased a new position in shares of iShares Russell Mid-Cap Value ETF in the 3rd quarter valued at about $29,000. Center for Financial Planning Inc. raised its holdings in iShares Russell Mid-Cap Value ETF by 113.8% in the 3rd quarter. Center for Financial Planning Inc. now owns 248 shares of the company’s stock worth $35,000 after purchasing an additional 132 shares during the period. Finally, Investment Counsel Co. of Nevada acquired a new position in iShares Russell Mid-Cap Value ETF in the 3rd quarter worth about $35,000. 80.17% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Value ETF Trading Up 0.3%

Shares of IWS stock opened at $157.80 on Friday. iShares Russell Mid-Cap Value ETF has a 12-month low of $125.56 and a 12-month high of $159.71. The business’s 50 day moving average is $151.00 and its two-hundred day moving average is $146.82. The company has a market capitalization of $15.04 billion, a P/E ratio of 19.11 and a beta of 0.96.

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.