Ironwood Investment Counsel LLC Grows Stake in iShares Russell Mid-Cap Value ETF $IWS

Ironwood Investment Counsel LLC increased its stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 303.5% in the 4th quarter, Holdings Channel reports. The fund owned 18,978 shares of the company’s stock after buying an additional 14,275 shares during the quarter. Ironwood Investment Counsel LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $2,677,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Bank of America Corp DE lifted its stake 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 worth $496,812,000 after purchasing an additional 16,361 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in iShares Russell Mid-Cap Value ETF by 1,160.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,565,153 shares of the company’s stock worth $502,865,000 after buying an additional 3,282,372 shares in the last quarter. TIAA Trust National Association raised its stake in iShares Russell Mid-Cap Value ETF by 1.0% in the third quarter. TIAA Trust National Association now owns 3,427,479 shares of the company’s stock worth $478,709,000 after buying an additional 34,466 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in 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 worth $394,329,000 after buying an additional 48,211 shares in the last quarter. Finally, First Citizens Bank & Trust Co. raised its stake in iShares Russell Mid-Cap Value ETF by 3.1% in the third quarter. First Citizens Bank & Trust Co. now owns 2,698,999 shares of the company’s stock worth $376,969,000 after buying an additional 80,032 shares in the last quarter. 80.17% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Value ETF Price Performance

IWS stock opened at $155.43 on Monday. The company has a market cap of $14.81 billion, a P/E ratio of 19.11 and a beta of 0.96. iShares Russell Mid-Cap Value ETF has a 1 year low of $125.56 and a 1 year high of $159.71. The firm has a 50-day moving average of $151.06 and a 200 day moving average of $146.93.

About iShares Russell Mid-Cap Value ETF

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.