MidFirst Bank Takes Position in iShares Russell Mid-Cap Value ETF $IWS

MidFirst Bank acquired a new position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 65,392 shares of the company’s stock, valued at approximately $9,224,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of iShares Russell Mid-Cap Value ETF during the 4th quarter worth approximately $28,000. Triumph Capital Management purchased a new stake in iShares Russell Mid-Cap Value ETF during the third quarter worth $29,000. Investment Counsel Co. of Nevada acquired a new stake in iShares Russell Mid-Cap Value ETF in the third quarter valued at $35,000. Laurel Wealth Advisors LLC acquired a new stake in iShares Russell Mid-Cap Value ETF in the fourth quarter valued at $35,000. Finally, Palisade Asset Management LLC acquired a new stake in iShares Russell Mid-Cap Value ETF in the third quarter valued at $43,000. 80.17% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Value ETF Stock Up 0.9%

Shares of IWS stock opened at $162.95 on Friday. iShares Russell Mid-Cap Value ETF has a fifty-two week low of $128.00 and a fifty-two week high of $165.60. The stock has a market cap of $15.53 billion, a P/E ratio of 19.11 and a beta of 0.95. The business has a fifty day simple moving average of $157.78 and a 200-day simple moving average of $150.65.

iShares Russell Mid-Cap Value ETF 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.