Renasant Bank Cuts Stock Position in iShares Russell Mid-Cap Value ETF $IWS

Renasant Bank lessened its holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 34.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 8,703 shares of the company’s stock after selling 4,513 shares during the quarter. Renasant Bank’s holdings in iShares Russell Mid-Cap Value ETF were worth $1,228,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in IWS. Magnus Financial Group LLC raised its stake in shares of iShares Russell Mid-Cap Value ETF by 3.1% during the 4th quarter. Magnus Financial Group LLC now owns 2,589 shares of the company’s stock worth $365,000 after purchasing an additional 77 shares during the period. Sonata Capital Group Inc. increased its position in shares of iShares Russell Mid-Cap Value ETF by 0.8% during the fourth quarter. Sonata Capital Group Inc. now owns 9,276 shares of the company’s stock valued at $1,308,000 after buying an additional 77 shares during the period. Heck Capital Advisors LLC increased its position in shares of iShares Russell Mid-Cap Value ETF by 0.8% during the fourth quarter. Heck Capital Advisors LLC now owns 10,774 shares of the company’s stock valued at $1,520,000 after buying an additional 81 shares during the period. Pineridge Advisors LLC increased its position in shares of iShares Russell Mid-Cap Value ETF by 6.7% during the third quarter. Pineridge Advisors LLC now owns 1,314 shares of the company’s stock valued at $184,000 after buying an additional 82 shares during the period. Finally, Johnson Financial Group Inc. increased its position in shares of iShares Russell Mid-Cap Value ETF by 1.3% during the third quarter. Johnson Financial Group Inc. now owns 6,615 shares of the company’s stock valued at $924,000 after buying an additional 84 shares during the period. Hedge funds and other institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Stock Down 0.4%

Shares of IWS opened at $154.01 on Thursday. The business’s 50-day moving average price is $150.18 and its 200-day moving average price is $145.57. iShares Russell Mid-Cap Value ETF has a twelve month low of $120.17 and a twelve month high of $157.69. The stock has a market cap of $14.66 billion, a PE ratio of 19.11 and a beta of 0.98.

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.