iShares Russell Mid-Cap Value ETF $IWS Shares Bought by Heritage Wealth Advisors

Heritage Wealth Advisors grew its stake in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 1.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 524,534 shares of the company’s stock after acquiring an additional 9,143 shares during the period. iShares Russell Mid-Cap Value ETF makes up approximately 3.2% of Heritage Wealth Advisors’ portfolio, making the stock its 7th largest position. Heritage Wealth Advisors’ holdings in iShares Russell Mid-Cap Value ETF were worth $73,262,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in IWS. Clearstead Trust LLC acquired a new stake in shares of iShares Russell Mid-Cap Value ETF in the second quarter valued at about $25,000. Clean Yield Group acquired a new position in iShares Russell Mid-Cap Value ETF during the third quarter worth about $25,000. Financial Consulate Inc. purchased a new position in iShares Russell Mid-Cap Value ETF in the third quarter valued at about $29,000. Rossmore Private Capital purchased a new position in iShares Russell Mid-Cap Value ETF in the third quarter valued at about $29,000. Finally, Legacy Investment Solutions LLC acquired a new stake in shares of iShares Russell Mid-Cap Value ETF during the 2nd quarter valued at approximately $33,000. 80.17% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Value ETF Trading Down 1.6%

IWS stock opened at $147.80 on Friday. The firm has a 50 day moving average of $148.99 and a 200-day moving average of $142.74. The company has a market cap of $14.70 billion, a price-to-earnings ratio of 19.11 and a beta of 1.02. iShares Russell Mid-Cap Value ETF has a 12-month low of $108.85 and a 12-month high of $154.79.

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. 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.