3,718 Shares in iShares Russell Mid-Cap Value ETF $IWS Bought by Sherman Wealth Management LLC

Sherman Wealth Management LLC purchased a new position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,718 shares of the company’s stock, valued at approximately $524,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IWS. Clean Yield Group bought a new position in shares of iShares Russell Mid-Cap Value ETF during the 3rd quarter worth about $25,000. Financial Consulate Inc. bought a new stake in iShares Russell Mid-Cap Value ETF in the 3rd quarter valued at about $29,000. Rossmore Private Capital bought a new stake in iShares Russell Mid-Cap Value ETF in the 3rd quarter valued at about $29,000. Triumph Capital Management acquired a new position in iShares Russell Mid-Cap Value ETF during the 3rd quarter worth approximately $29,000. Finally, Center for Financial Planning Inc. raised its stake in iShares Russell Mid-Cap Value ETF by 113.8% during the 3rd quarter. Center for Financial Planning Inc. now owns 248 shares of the company’s stock worth $35,000 after buying an additional 132 shares during the period. 80.17% of the stock is owned by institutional investors.

iShares Russell Mid-Cap Value ETF Stock Performance

Shares of NYSEARCA:IWS opened at $143.19 on Monday. iShares Russell Mid-Cap Value ETF has a 52-week low of $108.85 and a 52-week high of $154.79. The business’s 50 day simple moving average is $149.15 and its two-hundred day simple moving average is $143.55. The firm has a market cap of $14.24 billion, a P/E ratio of 19.11 and a beta of 1.02.

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.