Modera Wealth Management LLC Buys New Holdings in iShares Russell Mid-Cap Value ETF $IWS

Modera Wealth Management LLC acquired a new position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the third quarter, HoldingsChannel.com reports. The firm acquired 44,576 shares of the company’s stock, valued at approximately $7,165,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC grew its holdings in iShares Russell Mid-Cap Value ETF by 2,739.1% in the 3rd quarter. International Assets Investment Management LLC now owns 45,000 shares of the company’s stock valued at $7,233,000 after buying an additional 43,415 shares in the last quarter. Cranbrook Wealth Management LLC acquired a new position in shares of iShares Russell Mid-Cap Value ETF in the 3rd quarter valued at approximately $442,000. Partners Wealth Management LLC acquired a new position in iShares Russell Mid-Cap Value ETF during the third quarter valued at approximately $240,000. D.A. Davidson & CO. bought a new stake in shares of iShares Russell Mid-Cap Value ETF during the 3rd quarter worth $2,144,000. Finally, BOKF NA bought a new position in shares of iShares Russell Mid-Cap Value ETF in the third quarter worth about $14,013,000. Institutional investors and hedge funds own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Price Performance

Shares of iShares Russell Mid-Cap Value ETF stock opened at $170.07 on Friday. iShares Russell Mid-Cap Value ETF has a fifty-two week low of $133.74 and a fifty-two week high of $173.52. The firm has a market capitalization of $14.96 billion, a P/E ratio of 19.11 and a beta of 0.96. The company’s 50 day moving average price is $166.69 and its two-hundred day moving average price is $159.47.

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.