Maloon Powers Pitre Higgins & Dennehy LLC Makes New $686,000 Investment in iShares Russell Mid-Cap Value ETF $IWS

Maloon Powers Pitre Higgins & Dennehy LLC bought a new stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the 2nd quarter, Holdings Channel reports. The institutional investor bought 4,170 shares of the company’s stock, valued at approximately $686,000.

A number of other hedge funds have also recently made changes to their positions in the company. Rehmann Capital Advisory Group grew its holdings in shares of iShares Russell Mid-Cap Value ETF by 0.6% during the fourth quarter. Rehmann Capital Advisory Group now owns 12,277 shares of the company’s stock worth $1,732,000 after purchasing an additional 72 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of iShares Russell Mid-Cap Value ETF by 7.5% in the second quarter. GAMMA Investing LLC now owns 1,077 shares of the company’s stock valued at $177,000 after buying an additional 75 shares during the period. Sequoia Financial Advisors LLC raised its holdings in iShares Russell Mid-Cap Value ETF by 1.0% in the 4th quarter. Sequoia Financial Advisors LLC now owns 7,758 shares of the company’s stock valued at $1,094,000 after buying an additional 76 shares during the last quarter. Johnson Financial Group Inc. raised its holdings in iShares Russell Mid-Cap Value ETF by 1.3% in the 3rd quarter. Johnson Financial Group Inc. now owns 6,615 shares of the company’s stock valued at $924,000 after buying an additional 84 shares during the last quarter. Finally, Paladin Advisory Group LLC boosted its position in iShares Russell Mid-Cap Value ETF by 8.0% during the 1st quarter. Paladin Advisory Group LLC now owns 1,152 shares of the company’s stock worth $168,000 after buying an additional 85 shares during the period. 80.17% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Value ETF Price Performance

IWS opened at $170.28 on Friday. iShares Russell Mid-Cap Value ETF has a fifty-two week low of $133.74 and a fifty-two week high of $173.52. The firm has a market capitalization of $15.87 billion, a price-to-earnings ratio of 19.11 and a beta of 0.95. The company’s 50 day moving average price is $168.52 and its two-hundred day moving average price is $159.41.

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.