Northwestern Mutual Wealth Management Co. Sells 46,005 Shares of iShares Russell Mid-Cap Value ETF $IWS

Northwestern Mutual Wealth Management Co. lessened its stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 16.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 236,776 shares of the company’s stock after selling 46,005 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares Russell Mid-Cap Value ETF were worth $33,397,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Savant Capital LLC lifted its holdings in shares of iShares Russell Mid-Cap Value ETF by 3.8% in the fourth quarter. Savant Capital LLC now owns 81,224 shares of the company’s stock valued at $11,457,000 after purchasing an additional 3,000 shares in the last quarter. Investment Partners LTD. lifted its holdings in shares of iShares Russell Mid-Cap Value ETF by 0.6% in the fourth quarter. Investment Partners LTD. now owns 38,562 shares of the company’s stock valued at $5,439,000 after purchasing an additional 244 shares in the last quarter. Foundations Investment Advisors LLC lifted its holdings in shares of iShares Russell Mid-Cap Value ETF by 21.3% in the fourth quarter. Foundations Investment Advisors LLC now owns 7,252 shares of the company’s stock valued at $1,023,000 after purchasing an additional 1,271 shares in the last quarter. Kingsview Wealth Management LLC lifted its holdings in shares of iShares Russell Mid-Cap Value ETF by 1.3% in the fourth quarter. Kingsview Wealth Management LLC now owns 12,100 shares of the company’s stock valued at $1,707,000 after purchasing an additional 150 shares in the last quarter. Finally, Millington Financial Advisors LLC bought a new position in shares of iShares Russell Mid-Cap Value ETF in the fourth quarter valued at approximately $380,000. Institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Stock Up 0.1%

IWS stock opened at $160.34 on Friday. iShares Russell Mid-Cap Value ETF has a twelve month low of $126.48 and a twelve month high of $160.93. The stock’s 50 day moving average is $153.30 and its 200-day moving average is $148.28. The firm has a market capitalization of $15.28 billion, a PE ratio of 19.11 and a beta of 0.96.

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.