Northwestern Mutual Wealth Management Co. Increases Stock Holdings in iShares Russell Mid-Cap Value ETF $IWS

Northwestern Mutual Wealth Management Co. raised its stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 1,160.7% during the 4th quarter, HoldingsChannel reports. The firm owned 3,565,153 shares of the company’s stock after acquiring an additional 3,282,372 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in iShares Russell Mid-Cap Value ETF were worth $502,865,000 as of its most recent filing with the Securities and Exchange Commission.

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

iShares Russell Mid-Cap Value ETF Price Performance

iShares Russell Mid-Cap Value ETF stock opened at $155.43 on Friday. iShares Russell Mid-Cap Value ETF has a 1-year low of $125.56 and a 1-year high of $159.71. The company has a market cap of $14.81 billion, a PE ratio of 19.11 and a beta of 0.96. The stock’s 50 day moving average price is $151.06 and its 200 day moving average price is $146.88.

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.