Baker Ellis Asset Management LLC Makes New Investment in iShares Russell Mid-Cap Value ETF $IWS

Baker Ellis Asset Management LLC acquired a new stake in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 3,517 shares of the company’s stock, valued at approximately $565,000.

Several other large investors have also bought and sold shares of IWS. Signature Resources Capital Management LLC raised its holdings 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 valued at $25,000 after purchasing an additional 92 shares during the last quarter. Allied Private Wealth LLC purchased a new stake in iShares Russell Mid-Cap Value ETF in the second quarter worth approximately $27,000. Security National Bank of Sioux City Iowa IA bought a new stake in iShares Russell Mid-Cap Value ETF in the 2nd quarter worth approximately $28,000. Abound Wealth Management grew its position in iShares Russell Mid-Cap Value ETF by 135.3% in the 2nd quarter. Abound Wealth Management now owns 240 shares of the company’s stock worth $40,000 after purchasing an additional 138 shares during the period. Finally, Basecamp Wealth Advisors LLC bought a new stake in iShares Russell Mid-Cap Value ETF in the 1st quarter worth approximately $44,000. 80.17% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Value ETF Stock Performance

Shares of NYSEARCA IWS traded down $1.15 during midday trading on Wednesday, hitting $164.28. 318,185 shares of the company’s stock traded hands, compared to its average volume of 462,873. The firm has a fifty day moving average of $167.60 and a 200 day moving average of $162.36. iShares Russell Mid-Cap Value ETF has a 1 year low of $133.74 and a 1 year high of $173.52. The stock has a market capitalization of $15.25 billion, a price-to-earnings ratio of 19.11 and a beta of 0.96.

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.