New Age Alpha Advisors LLC Reduces Stake in iShares Russell Mid-Cap Value ETF $IWS

New Age Alpha Advisors LLC lowered its holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 56.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 9,599 shares of the company’s stock after selling 12,211 shares during the quarter. New Age Alpha Advisors LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $1,354,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of IWS. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares Russell Mid-Cap Value ETF by 1,160.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,565,153 shares of the company’s stock worth $502,865,000 after buying an additional 3,282,372 shares during the period. BNP Paribas Financial Markets lifted its holdings in iShares Russell Mid-Cap Value ETF by 397.2% in the 2nd quarter. BNP Paribas Financial Markets now owns 248,581 shares of the company’s stock worth $32,847,000 after buying an additional 198,581 shares during the period. First Citizens Investor Services Inc. purchased a new stake in iShares Russell Mid-Cap Value ETF in the 3rd quarter worth approximately $19,665,000. CIBC Bancorp USA Inc. purchased a new stake in iShares Russell Mid-Cap Value ETF in the 3rd quarter worth approximately $18,761,000. Finally, Allworth Financial LP lifted its holdings in iShares Russell Mid-Cap Value ETF by 2,432.2% in the 4th quarter. Allworth Financial LP now owns 116,762 shares of the company’s stock worth $16,469,000 after buying an additional 112,151 shares during the period. Hedge funds and other institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Stock Performance

NYSEARCA IWS opened at $159.78 on Thursday. iShares Russell Mid-Cap Value ETF has a fifty-two week low of $126.48 and a fifty-two week high of $160.62. The stock has a 50 day simple moving average of $152.73 and a two-hundred day simple moving average of $148.04. The stock has a market cap of $15.23 billion, a P/E ratio of 19.11 and a beta of 0.96.

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.