3,796 iShares Russell Mid-Cap Value ETF $IWS Shares Sold by Summit Wealth Group LLC Co.

Summit Wealth Group LLC Co. lessened its stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 6.9% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,551 shares of the company’s stock after selling 3,796 shares during the quarter. Summit Wealth Group LLC Co. owned approximately 0.06% of iShares Russell Mid-Cap Value ETF worth $8,286,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of IWS. First Citizens Bank & Trust Co. bought a new stake in iShares Russell Mid-Cap Value ETF during the third quarter worth $297,622,000. Cassaday & Co Wealth Management LLC lifted its stake in iShares Russell Mid-Cap Value ETF by 1.9% during the 1st quarter. Cassaday & Co Wealth Management LLC now owns 1,023,739 shares of the company’s stock valued at $149,200,000 after acquiring an additional 18,611 shares in the last quarter. Lido Advisors LLC lifted its stake in iShares Russell Mid-Cap Value ETF by 6.9% during the 1st quarter. Lido Advisors LLC now owns 321,226 shares of the company’s stock valued at $46,816,000 after acquiring an additional 20,686 shares in the last quarter. SVB Wealth LLC raised its holdings in shares of iShares Russell Mid-Cap Value ETF by 5.8% in the second quarter. SVB Wealth LLC now owns 276,422 shares of the company’s stock valued at $45,499,000 after purchasing an additional 15,220 shares during the last quarter. Finally, Cedar Mountain Advisors LLC lifted its position in shares of iShares Russell Mid-Cap Value ETF by 0.4% during the second quarter. Cedar Mountain Advisors LLC now owns 252,713 shares of the company’s stock valued at $41,597,000 after purchasing an additional 1,131 shares in the last quarter. Institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Stock Performance

iShares Russell Mid-Cap Value ETF stock opened at $171.22 on Tuesday. 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 stock has a market cap of $15.06 billion, a PE ratio of 19.11 and a beta of 0.96. The firm’s 50-day simple moving average is $166.67 and its 200 day simple moving average is $159.59.

iShares Russell Mid-Cap Value ETF Company 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.