iShares Russell Mid-Cap Value ETF $IWS Shares Newly Purchased by Telos Capital Management Inc.

Telos Capital Management Inc. purchased a new position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 18,843 shares of the company’s stock, valued at approximately $3,029,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Capital Investment Advisors LLC acquired a new position in shares of iShares Russell Mid-Cap Value ETF during the third quarter worth approximately $606,000. Conning Inc. grew its stake in shares of iShares Russell Mid-Cap Value ETF by 24.3% during the first quarter. Conning Inc. now owns 59,718 shares of the company’s stock valued at $8,703,000 after purchasing an additional 11,676 shares during the last quarter. IFP Advisors Inc increased its holdings in shares of iShares Russell Mid-Cap Value ETF by 22.6% in the second quarter. IFP Advisors Inc now owns 17,965 shares of the company’s stock valued at $2,957,000 after purchasing an additional 3,306 shares in the last quarter. Montgomery Financial Services LLC acquired a new stake in shares of iShares Russell Mid-Cap Value ETF in the second quarter valued at approximately $6,523,000. Finally, First Bancorp Inc ME acquired a new stake in shares of iShares Russell Mid-Cap Value ETF in the second quarter valued at approximately $495,000. Institutional investors and hedge funds own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Price Performance

IWS stock opened at $168.69 on Friday. The company has a 50 day moving average price of $166.62 and a 200 day moving average price of $159.93. iShares Russell Mid-Cap Value ETF has a fifty-two week low of $133.74 and a fifty-two week high of $174.42. The stock has a market capitalization of $14.83 billion, a PE ratio of 18.85 and a beta of 0.95.

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.