IFP Advisors Inc Raises Stock Holdings in iShares Russell Mid-Cap Value ETF $IWS

IFP Advisors Inc grew its stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 49.3% during the 4th quarter, Holdings Channel reports. The fund owned 21,870 shares of the company’s stock after acquiring an additional 7,219 shares during the period. IFP Advisors Inc’s holdings in iShares Russell Mid-Cap Value ETF were worth $3,085,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bank of America Corp DE lifted its position in iShares Russell Mid-Cap Value ETF by 0.4% during the second quarter. Bank of America Corp DE now owns 3,759,738 shares of the company’s stock worth $496,812,000 after buying an additional 16,361 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in iShares Russell Mid-Cap Value ETF by 1,160.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,565,153 shares of the company’s stock worth $502,865,000 after buying an additional 3,282,372 shares during the period. TIAA Trust National Association lifted its position in iShares Russell Mid-Cap Value ETF by 1.0% during the third quarter. TIAA Trust National Association now owns 3,427,479 shares of the company’s stock worth $478,709,000 after buying an additional 34,466 shares during the period. Envestnet Portfolio Solutions Inc. lifted its position in iShares Russell Mid-Cap Value ETF by 1.2% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,856,534 shares of the company’s stock worth $402,914,000 after buying an additional 33,247 shares during the period. Finally, First Citizens Bank & Trust Co. lifted its position in iShares Russell Mid-Cap Value ETF by 3.1% during the third quarter. First Citizens Bank & Trust Co. now owns 2,698,999 shares of the company’s stock worth $376,969,000 after buying an additional 80,032 shares during the period. 80.17% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Value ETF Trading Up 0.6%

NYSEARCA IWS opened at $157.54 on Friday. The business’s 50-day moving average price is $151.66 and its 200 day moving average price is $147.42. iShares Russell Mid-Cap Value ETF has a twelve month low of $125.56 and a twelve month high of $159.71. The company has a market capitalization of $15.01 billion, a PE ratio of 19.11 and a beta of 0.96.

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.