iShares Russell Mid-Cap Value ETF $IWS Position Decreased by First Citizens Bank & Trust Co.

First Citizens Bank & Trust Co. trimmed its position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 2.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,666,348 shares of the company’s stock after selling 66,027 shares during the quarter. iShares Russell Mid-Cap Value ETF accounts for approximately 6.8% of First Citizens Bank & Trust Co.’s portfolio, making the stock its 3rd largest holding. First Citizens Bank & Trust Co.’s holdings in iShares Russell Mid-Cap Value ETF were worth $388,594,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Conning Inc. raised its stake in shares of iShares Russell Mid-Cap Value ETF by 24.3% during the 1st quarter. Conning Inc. now owns 59,718 shares of the company’s stock worth $8,703,000 after buying an additional 11,676 shares in the last quarter. AE Wealth Management LLC lifted its holdings in shares of iShares Russell Mid-Cap Value ETF by 2.9% in the 4th quarter. AE Wealth Management LLC now owns 377,481 shares of the company’s stock valued at $53,244,000 after buying an additional 10,529 shares during the period. Kelsey Financial LLC purchased a new stake in shares of iShares Russell Mid-Cap Value ETF in the fourth quarter valued at approximately $5,443,000. Secure Asset Management LLC purchased a new stake in shares of iShares Russell Mid-Cap Value ETF in the fourth quarter valued at approximately $1,817,000. Finally, Key Capital Management INC purchased a new stake in shares of iShares Russell Mid-Cap Value ETF in the fourth quarter valued at approximately $2,321,000. 80.17% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Value ETF Price Performance

Shares of IWS stock opened at $165.20 on Wednesday. The business’s fifty day moving average price is $162.22 and its 200 day moving average price is $154.36. The firm has a market capitalization of $15.58 billion, a PE ratio of 19.11 and a beta of 0.95. iShares Russell Mid-Cap Value ETF has a 1-year low of $131.46 and a 1-year high of $168.14.

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.