Sowell Financial Services LLC acquired a new stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 42,200 shares of the company’s stock, valued at approximately $6,783,000.
Other institutional investors have also made changes to their positions in the company. Legacy Wealth Partners LLC boosted its holdings in shares of iShares Russell Mid-Cap Value ETF by 2.4% in the 3rd quarter. Legacy Wealth Partners LLC now owns 2,838 shares of the company’s stock valued at $456,000 after buying an additional 67 shares during the period. Howard Capital Management LLC lifted its position in iShares Russell Mid-Cap Value ETF by 3.6% in the third quarter. Howard Capital Management LLC now owns 2,100 shares of the company’s stock worth $338,000 after purchasing an additional 73 shares during the period. GAMMA Investing LLC grew its holdings in iShares Russell Mid-Cap Value ETF by 7.5% during the second quarter. GAMMA Investing LLC now owns 1,077 shares of the company’s stock worth $177,000 after acquiring an additional 75 shares during the period. Paladin Advisory Group LLC lifted its stake in iShares Russell Mid-Cap Value ETF by 8.0% during the first quarter. Paladin Advisory Group LLC now owns 1,152 shares of the company’s stock valued at $168,000 after purchasing an additional 85 shares during the last quarter. Finally, HB Wealth Management LLC lifted its holdings in shares of iShares Russell Mid-Cap Value ETF by 1.0% during the second quarter. HB Wealth Management LLC now owns 8,701 shares of the company’s stock valued at $1,432,000 after purchasing an additional 90 shares during the last quarter. 80.17% of the stock is currently owned by institutional investors.
iShares Russell Mid-Cap Value ETF Trading Up 1.4%
IWS stock opened at $167.48 on Wednesday. The firm has a market capitalization of $15.55 billion, a PE ratio of 19.11 and a beta of 0.96. iShares Russell Mid-Cap Value ETF has a one year low of $133.74 and a one year high of $173.52. The firm has a 50-day moving average of $167.11 and a two-hundred day moving average of $163.11.
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.
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