Broadview Financial Management LLC Buys 398 Shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Broadview Financial Management LLC boosted its stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 3.2% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 12,992 shares of the company’s stock after purchasing an additional 398 shares during the period. iShares Russell Mid-Cap Value ETF makes up 1.1% of Broadview Financial Management LLC’s portfolio, making the stock its 22nd largest position. Broadview Financial Management LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $1,569,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. grew its stake in shares of iShares Russell Mid-Cap Value ETF by 29.4% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 4,046,878 shares of the company’s stock worth $507,195,000 after acquiring an additional 919,370 shares during the period. Jones Financial Companies Lllp boosted its position in iShares Russell Mid-Cap Value ETF by 4.8% during the fourth quarter. Jones Financial Companies Lllp now owns 7,518,850 shares of the company’s stock worth $874,367,000 after purchasing an additional 341,582 shares during the period. GLOBALT Investments LLC GA bought a new stake in shares of iShares Russell Mid-Cap Value ETF in the fourth quarter valued at approximately $31,845,000. Cetera Investment Advisers lifted its stake in shares of iShares Russell Mid-Cap Value ETF by 648.3% during the 1st quarter. Cetera Investment Advisers now owns 295,739 shares of the company’s stock valued at $37,065,000 after buying an additional 256,218 shares in the last quarter. Finally, Thompson Siegel & Walmsley LLC boosted its holdings in iShares Russell Mid-Cap Value ETF by 215.7% in the 4th quarter. Thompson Siegel & Walmsley LLC now owns 211,995 shares of the company’s stock worth $24,653,000 after buying an additional 144,851 shares during the period.

iShares Russell Mid-Cap Value ETF Stock Performance

iShares Russell Mid-Cap Value ETF stock traded up $0.96 during mid-day trading on Friday, reaching $130.41. The company’s stock had a trading volume of 154,453 shares, compared to its average volume of 433,569. The firm’s fifty day moving average price is $124.41 and its two-hundred day moving average price is $122.36. iShares Russell Mid-Cap Value ETF has a 12-month low of $97.40 and a 12-month high of $130.50. The company has a market capitalization of $13.65 billion, a P/E 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.