Powell Investment Advisors LLC Reduces Stock Position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Powell Investment Advisors LLC decreased its position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 2.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,786 shares of the company’s stock after selling 949 shares during the quarter. iShares Russell Mid-Cap Value ETF makes up approximately 3.1% of Powell Investment Advisors LLC’s portfolio, making the stock its 8th largest position. Powell Investment Advisors LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $5,864,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in IWS. Ballentine Partners LLC boosted its stake in iShares Russell Mid-Cap Value ETF by 2.5% in the fourth quarter. Ballentine Partners LLC now owns 3,625 shares of the company’s stock valued at $422,000 after acquiring an additional 90 shares during the last quarter. Private Trust Co. NA grew its stake in iShares Russell Mid-Cap Value ETF by 1.6% in the 4th quarter. Private Trust Co. NA now owns 6,284 shares of the company’s stock valued at $731,000 after buying an additional 100 shares in the last quarter. Facet Wealth Inc. raised its holdings in iShares Russell Mid-Cap Value ETF by 4.2% during the 4th quarter. Facet Wealth Inc. now owns 2,545 shares of the company’s stock valued at $292,000 after acquiring an additional 103 shares during the period. GAMMA Investing LLC lifted its position in shares of iShares Russell Mid-Cap Value ETF by 15.0% during the first quarter. GAMMA Investing LLC now owns 797 shares of the company’s stock worth $100,000 after acquiring an additional 104 shares in the last quarter. Finally, Cassady Schiller Wealth Management LLC grew its position in shares of iShares Russell Mid-Cap Value ETF by 16.5% in the fourth quarter. Cassady Schiller Wealth Management LLC now owns 743 shares of the company’s stock valued at $86,000 after purchasing an additional 105 shares in the last quarter.

iShares Russell Mid-Cap Value ETF Stock Up 0.3 %

IWS traded up $0.37 during trading on Friday, reaching $120.74. 173,998 shares of the company were exchanged, compared to its average volume of 474,377. iShares Russell Mid-Cap Value ETF has a 12-month low of $97.40 and a 12-month high of $125.64. The company’s 50-day moving average is $121.58 and its two-hundred day moving average is $119.20. The company has a market cap of $12.64 billion, a price-to-earnings ratio of 17.15 and a beta of 0.97.

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.