Manchester Capital Management LLC Makes New $632,000 Investment in iShares Russell Mid-Cap Value ETF $IWS

Manchester Capital Management LLC acquired a new position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,931 shares of the company’s stock, valued at approximately $632,000.

A number of other institutional investors also recently bought and sold shares of the stock. Farmers & Merchants Investments Inc. bought a new position in iShares Russell Mid-Cap Value ETF in the 3rd quarter worth $6,973,000. NORTHSTAR ASSET MANAGEMENT Co purchased a new stake in iShares Russell Mid-Cap Value ETF in the 3rd quarter worth $833,000. Capital Investment Advisors LLC purchased a new stake in iShares Russell Mid-Cap Value ETF in the 3rd quarter worth $606,000. Sterling Capital Management LLC purchased a new stake in iShares Russell Mid-Cap Value ETF in the 3rd quarter worth $10,465,000. Finally, WASHINGTON TRUST Co bought a new stake in iShares Russell Mid-Cap Value ETF during the third quarter valued at about $590,000. 80.17% of the stock is owned by institutional investors.

iShares Russell Mid-Cap Value ETF Stock Down 0.5%

NYSEARCA:IWS traded down $0.78 on Friday, reaching $168.43. 434,033 shares of the company’s stock traded hands, compared to its average volume of 458,958. The stock has a 50-day simple moving average of $166.86 and a 200-day simple moving average of $163.45. The firm has a market cap of $15.64 billion, a PE ratio of 19.11 and a beta of 0.96. iShares Russell Mid-Cap Value ETF has a 12 month low of $133.74 and a 12 month high of $173.52.

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. 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.