Park Avenue Securities LLC Makes New Investment in iShares Russell Mid-Cap Value ETF $IWS

Park Avenue Securities LLC acquired a new position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 58,612 shares of the company’s stock, valued at approximately $9,421,000. Park Avenue Securities LLC owned approximately 0.06% of iShares Russell Mid-Cap Value ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Apollon Wealth Management LLC lifted its position in shares of iShares Russell Mid-Cap Value ETF by 3.7% during the 3rd quarter. Apollon Wealth Management LLC now owns 3,673 shares of the company’s stock valued at $590,000 after buying an additional 132 shares in the last quarter. Kingswood Wealth Advisors LLC grew its stake in shares of iShares Russell Mid-Cap Value ETF by 57.5% during the 3rd quarter. Kingswood Wealth Advisors LLC now owns 8,064 shares of the company’s stock valued at $1,296,000 after acquiring an additional 2,944 shares during the period. Sigma Planning Corp bought a new position in shares of iShares Russell Mid-Cap Value ETF during the 3rd quarter valued at approximately $3,782,000. Compass Ion Advisors LLC bought a new position in shares of iShares Russell Mid-Cap Value ETF during the 3rd quarter valued at approximately $587,000. Finally, Swmg LLC purchased a new stake in iShares Russell Mid-Cap Value ETF in the 3rd quarter worth approximately $232,000. 80.17% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Value ETF Trading Up 0.1%

iShares Russell Mid-Cap Value ETF stock opened at $169.00 on Wednesday. The firm has a 50 day moving average of $166.77 and a 200 day moving average of $159.12. The firm has a market capitalization of $15.69 billion, a price-to-earnings ratio of 19.11 and a beta of 0.96. iShares Russell Mid-Cap Value ETF has a 12-month low of $133.74 and a 12-month high of $173.52.

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.