NewEdge Advisors LLC Grows Stock Position in iShares Russell Mid-Cap Value ETF $IWS

NewEdge Advisors LLC increased its stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 10.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 85,023 shares of the company’s stock after buying an additional 7,995 shares during the quarter. NewEdge Advisors LLC owned about 0.09% of iShares Russell Mid-Cap Value ETF worth $12,391,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Brighton Jones LLC boosted its stake in shares of iShares Russell Mid-Cap Value ETF by 1.0% during the 4th quarter. Brighton Jones LLC now owns 20,670 shares of the company’s stock worth $2,673,000 after purchasing an additional 201 shares during the period. Revolve Wealth Partners LLC raised its position in iShares Russell Mid-Cap Value ETF by 2.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 6,439 shares of the company’s stock worth $833,000 after purchasing an additional 124 shares during the period. AQR Capital Management LLC raised its position in iShares Russell Mid-Cap Value ETF by 18.6% in the 1st quarter. AQR Capital Management LLC now owns 8,080 shares of the company’s stock worth $1,018,000 after purchasing an additional 1,267 shares during the period. Jane Street Group LLC bought a new stake in iShares Russell Mid-Cap Value ETF in the first quarter worth about $5,269,000. Finally, Russell Investments Group Ltd. lifted its stake in iShares Russell Mid-Cap Value ETF by 166.6% in the second quarter. Russell Investments Group Ltd. now owns 2,607 shares of the company’s stock worth $344,000 after purchasing an additional 1,629 shares during the last quarter. Institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Price Performance

Shares of NYSEARCA:IWS opened at $171.20 on Friday. The firm has a market capitalization of $15.96 billion, a PE ratio of 19.11 and a beta of 0.95. The business has a 50 day simple moving average of $164.93 and a two-hundred day simple moving average of $156.34. iShares Russell Mid-Cap Value ETF has a 1 year low of $133.17 and a 1 year high of $171.67.

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.