Inspirion Wealth Advisors LLC Cuts Stake in iShares Russell Mid-Cap Value ETF $IWS

Inspirion Wealth Advisors LLC cut its position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 10.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 53,989 shares of the company’s stock after selling 6,474 shares during the period. iShares Russell Mid-Cap Value ETF makes up about 0.9% of Inspirion Wealth Advisors LLC’s investment portfolio, making the stock its 21st largest holding. Inspirion Wealth Advisors LLC owned about 0.05% of iShares Russell Mid-Cap Value ETF worth $7,615,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Cahaba Wealth Management Inc. grew its holdings in shares of iShares Russell Mid-Cap Value ETF by 1.9% during the third quarter. Cahaba Wealth Management Inc. now owns 4,040 shares of the company’s stock valued at $564,000 after buying an additional 74 shares during the last quarter. Magnus Financial Group LLC increased its position in shares of iShares Russell Mid-Cap Value ETF by 3.1% during the fourth quarter. Magnus Financial Group LLC now owns 2,589 shares of the company’s stock valued at $365,000 after acquiring an additional 77 shares in the last quarter. Horst & Graben Wealth Management LLC raised its holdings in iShares Russell Mid-Cap Value ETF by 0.6% in the 3rd quarter. Horst & Graben Wealth Management LLC now owns 13,411 shares of the company’s stock worth $1,873,000 after acquiring an additional 79 shares during the last quarter. Pineridge Advisors LLC raised its holdings in iShares Russell Mid-Cap Value ETF by 6.7% in the 3rd quarter. Pineridge Advisors LLC now owns 1,314 shares of the company’s stock worth $184,000 after acquiring an additional 82 shares during the last quarter. Finally, Johnson Financial Group Inc. lifted its position in iShares Russell Mid-Cap Value ETF by 1.3% in the 3rd quarter. Johnson Financial Group Inc. now owns 6,615 shares of the company’s stock valued at $924,000 after acquiring an additional 84 shares in the last quarter. Institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Trading Down 1.9%

Shares of IWS opened at $142.59 on Monday. The company has a market cap of $14.18 billion, a price-to-earnings ratio of 19.11 and a beta of 1.02. The business’s fifty day simple moving average is $149.43 and its two-hundred day simple moving average is $143.34. iShares Russell Mid-Cap Value ETF has a 12 month low of $108.85 and a 12 month high of $154.79.

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.