Evanson Financial LLC Takes Position in iShares Russell Mid-Cap Value ETF $IWS

Evanson Financial LLC acquired a new position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 3,700 shares of the company’s stock, valued at approximately $609,000.

A number of other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares Russell Mid-Cap Value ETF by 1,160.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,565,153 shares of the company’s stock worth $502,865,000 after purchasing an additional 3,282,372 shares in the last quarter. Align Financial LLC acquired a new position in iShares Russell Mid-Cap Value ETF in the fourth quarter worth approximately $31,613,000. BNP Paribas Financial Markets raised its position in iShares Russell Mid-Cap Value ETF by 397.2% during the second quarter. BNP Paribas Financial Markets now owns 248,581 shares of the company’s stock valued at $32,847,000 after acquiring an additional 198,581 shares in the last quarter. Wells Fargo & Company MN raised its position in iShares Russell Mid-Cap Value ETF by 4.4% during the fourth quarter. Wells Fargo & Company MN now owns 3,917,401 shares of the company’s stock valued at $552,549,000 after acquiring an additional 165,686 shares in the last quarter. Finally, Arax Advisory Partners acquired a new stake in iShares Russell Mid-Cap Value ETF in the fourth quarter valued at approximately $19,302,000. Institutional investors and hedge funds own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Stock Up 0.8%

IWS stock opened at $171.20 on Friday. The company has a market capitalization of $15.96 billion, a price-to-earnings ratio of 19.11 and a beta of 0.95. iShares Russell Mid-Cap Value ETF has a 12 month low of $133.17 and a 12 month high of $171.67. The firm has a 50 day moving average of $164.93 and a two-hundred day moving average of $156.34.

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.