RWA Wealth Partners LLC Reduces Stake in iShares Russell Mid-Cap Value ETF $IWS

RWA Wealth Partners LLC reduced its stake in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 17.2% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 23,032 shares of the company’s stock after selling 4,788 shares during the period. RWA Wealth Partners LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $3,217,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Clean Yield Group purchased a new position in iShares Russell Mid-Cap Value ETF in the third quarter valued at approximately $25,000. Clearstead Trust LLC bought a new stake in shares of iShares Russell Mid-Cap Value ETF in the second quarter valued at $25,000. Westside Investment Management Inc. lifted its position in shares of iShares Russell Mid-Cap Value ETF by 108.3% during the 2nd quarter. Westside Investment Management Inc. now owns 200 shares of the company’s stock valued at $27,000 after buying an additional 104 shares during the last quarter. Financial Consulate Inc. bought a new position in shares of iShares Russell Mid-Cap Value ETF during the 3rd quarter worth $29,000. Finally, Rossmore Private Capital purchased a new stake in iShares Russell Mid-Cap Value ETF in the 3rd quarter worth about $29,000. Hedge funds and other institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Stock Performance

Shares of iShares Russell Mid-Cap Value ETF stock opened at $153.32 on Thursday. The stock has a market capitalization of $15.25 billion, a P/E ratio of 19.11 and a beta of 1.02. iShares Russell Mid-Cap Value ETF has a 52-week low of $108.85 and a 52-week high of $154.26. The stock’s 50-day simple moving average is $147.65 and its 200 day simple moving average is $141.95.

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.