Bartlett & CO. Wealth Management LLC Trims Holdings in iShares Russell Mid-Cap Value ETF $IWS

Bartlett & CO. Wealth Management LLC reduced its position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 7.1% during the 1st quarter, Holdings Channel.com reports. The firm owned 74,663 shares of the company’s stock after selling 5,735 shares during the quarter. Bartlett & CO. Wealth Management LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $11,644,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its position in shares of iShares Russell Mid-Cap Value ETF by 1,160.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,565,153 shares of the company’s stock valued at $502,865,000 after buying an additional 3,282,372 shares during the last quarter. Align Financial LLC acquired a new stake in iShares Russell Mid-Cap Value ETF during the fourth quarter worth approximately $31,613,000. BNP Paribas Financial Markets grew its stake in iShares Russell Mid-Cap Value ETF by 397.2% in the 2nd quarter. BNP Paribas Financial Markets now owns 248,581 shares of the company’s stock worth $32,847,000 after acquiring an additional 198,581 shares during the period. Wells Fargo & Company MN grew its stake in iShares Russell Mid-Cap Value ETF by 4.4% in the 4th quarter. Wells Fargo & Company MN now owns 3,917,401 shares of the company’s stock worth $552,549,000 after acquiring an additional 165,686 shares during the period. Finally, Arax Advisory Partners acquired a new position in iShares Russell Mid-Cap Value ETF in the 4th quarter valued at $19,302,000. 80.17% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Value ETF Stock Performance

Shares of IWS opened at $166.12 on Friday. iShares Russell Mid-Cap Value ETF has a fifty-two week low of $131.46 and a fifty-two week high of $168.14. The company has a market capitalization of $15.67 billion, a PE ratio of 19.11 and a beta of 0.95. The stock has a fifty day moving average of $161.95 and a two-hundred day moving average of $153.95.

iShares Russell Mid-Cap Value ETF Company 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.