Lord & Richards Wealth Management LLC Makes New Investment in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Lord & Richards Wealth Management LLC purchased a new position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,693 shares of the company’s stock, valued at approximately $348,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. US Bancorp DE boosted its stake in iShares Russell Mid-Cap Value ETF by 2.3% in the 3rd quarter. US Bancorp DE now owns 4,179,134 shares of the company’s stock worth $552,711,000 after purchasing an additional 92,032 shares during the period. First Citizens Bank & Trust Co. boosted its position in shares of iShares Russell Mid-Cap Value ETF by 0.4% during the 4th quarter. First Citizens Bank & Trust Co. now owns 2,570,252 shares of the company’s stock valued at $332,436,000 after acquiring an additional 10,642 shares during the last quarter. Accredited Investors Inc. grew its holdings in shares of iShares Russell Mid-Cap Value ETF by 2,738.7% in the third quarter. Accredited Investors Inc. now owns 2,296,845 shares of the company’s stock valued at $303,758,000 after purchasing an additional 2,215,933 shares in the last quarter. LPL Financial LLC grew its holdings in shares of iShares Russell Mid-Cap Value ETF by 12.6% in the third quarter. LPL Financial LLC now owns 987,928 shares of the company’s stock valued at $130,653,000 after purchasing an additional 110,325 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC grew its holdings in shares of iShares Russell Mid-Cap Value ETF by 2.3% in the third quarter. Cassaday & Co Wealth Management LLC now owns 951,622 shares of the company’s stock valued at $125,852,000 after purchasing an additional 21,314 shares in the last quarter.

iShares Russell Mid-Cap Value ETF Stock Performance

IWS stock opened at $132.75 on Friday. The firm has a fifty day moving average price of $132.20 and a 200 day moving average price of $131.59. iShares Russell Mid-Cap Value ETF has a fifty-two week low of $116.27 and a fifty-two week high of $140.95. The firm has a market cap of $13.90 billion, a PE ratio of 17.15 and a beta of 0.97.

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.