iShares Russell Mid-Cap Value ETF $IWS Shares Purchased by NewEdge Advisors LLC

NewEdge Advisors LLC boosted its holdings in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 10.4% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 85,023 shares of the company’s stock after buying an additional 7,995 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $12,391,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IWS. Signature Resources Capital Management LLC grew its stake in shares of iShares Russell Mid-Cap Value ETF by 116.5% during the first quarter. Signature Resources Capital Management LLC now owns 171 shares of the company’s stock worth $25,000 after acquiring an additional 92 shares during the last quarter. Kohmann Bosshard Financial Services LLC acquired a new position in shares of iShares Russell Mid-Cap Value ETF during the fourth quarter valued at about $28,000. Triumph Capital Management purchased a new position in shares of iShares Russell Mid-Cap Value ETF in the 3rd quarter valued at approximately $29,000. Laurel Wealth Advisors LLC purchased a new position in shares of iShares Russell Mid-Cap Value ETF in the 4th quarter valued at approximately $35,000. Finally, Palisade Asset Management LLC acquired a new stake in iShares Russell Mid-Cap Value ETF in the 3rd quarter worth approximately $43,000. 80.17% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Value ETF Trading Up 0.8%

NYSEARCA:IWS opened at $171.20 on Friday. The company has a market cap of $15.96 billion, a PE ratio of 19.11 and a beta of 0.95. iShares Russell Mid-Cap Value ETF has a twelve month low of $133.17 and a twelve month high of $171.67. The company’s 50 day moving average is $164.93 and its two-hundred day moving average is $156.34.

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. 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.