Captrust Financial Advisors Lowers Stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Captrust Financial Advisors cut its position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 28.4% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 150,774 shares of the company’s stock after selling 59,858 shares during the quarter. Captrust Financial Advisors’ holdings in iShares Russell Mid-Cap Value ETF were worth $18,897,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of IWS. Mitchell Sinkler & Starr PA purchased a new stake in shares of iShares Russell Mid-Cap Value ETF during the fourth quarter worth about $26,000. Able Wealth Management LLC purchased a new stake in shares of iShares Russell Mid-Cap Value ETF during the fourth quarter worth about $26,000. CarsonAllaria Wealth Management Ltd. purchased a new stake in shares of iShares Russell Mid-Cap Value ETF during the fourth quarter worth about $29,000. LifeSteps Financial Inc. purchased a new stake in shares of iShares Russell Mid-Cap Value ETF during the first quarter worth about $38,000. Finally, Palisade Asset Management LLC purchased a new stake in iShares Russell Mid-Cap Value ETF in the first quarter valued at approximately $39,000.

iShares Russell Mid-Cap Value ETF Stock Performance

iShares Russell Mid-Cap Value ETF stock opened at $127.64 on Wednesday. iShares Russell Mid-Cap Value ETF has a 1 year low of $97.40 and a 1 year high of $128.09. The firm has a 50 day moving average price of $122.38 and a 200 day moving average price of $120.60. The company has a market cap of $13.36 billion, a price-to-earnings ratio of 17.15 and a beta of 0.97.

About iShares Russell Mid-Cap Value ETF

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.