iShares Russell Mid-Cap Value ETF $IWS Shares Sold by SVB Wealth LLC

SVB Wealth LLC decreased its position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 9.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 262,626 shares of the company’s stock after selling 28,208 shares during the period. iShares Russell Mid-Cap Value ETF comprises 2.2% of SVB Wealth LLC’s portfolio, making the stock its 10th biggest position. SVB Wealth LLC owned about 0.26% of iShares Russell Mid-Cap Value ETF worth $37,043,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Bank of America Corp DE increased its holdings in shares of iShares Russell Mid-Cap Value ETF by 0.4% during the second quarter. Bank of America Corp DE now owns 3,759,738 shares of the company’s stock worth $496,812,000 after buying an additional 16,361 shares in the last quarter. TIAA Trust National Association increased its holdings in shares of iShares Russell Mid-Cap Value ETF by 1.0% during the third quarter. TIAA Trust National Association now owns 3,427,479 shares of the company’s stock worth $478,709,000 after buying an additional 34,466 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in shares of iShares Russell Mid-Cap Value ETF by 1.7% during the third quarter. Envestnet Portfolio Solutions Inc. now owns 2,823,287 shares of the company’s stock worth $394,329,000 after buying an additional 48,211 shares in the last quarter. First Citizens Bank & Trust Co. increased its holdings in shares of iShares Russell Mid-Cap Value ETF by 3.1% during the third quarter. First Citizens Bank & Trust Co. now owns 2,698,999 shares of the company’s stock worth $376,969,000 after buying an additional 80,032 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of iShares Russell Mid-Cap Value ETF by 3.4% during the second quarter. Ameriprise Financial Inc. now owns 1,128,123 shares of the company’s stock worth $149,477,000 after buying an additional 36,938 shares in the last quarter. Institutional investors and hedge funds own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Stock Performance

NYSEARCA IWS opened at $157.90 on Monday. The firm has a market cap of $15.05 billion, a price-to-earnings ratio of 19.11 and a beta of 0.96. The company has a 50 day moving average of $150.56 and a 200-day moving average of $146.18. iShares Russell Mid-Cap Value ETF has a 1-year low of $125.56 and a 1-year high of $159.71.

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.