Corundum Group Inc. Has $6.61 Million Position in iShares Russell Mid-Cap Value ETF $IWS

Corundum Group Inc. raised its holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 2.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 49,998 shares of the company’s stock after buying an additional 1,180 shares during the period. iShares Russell Mid-Cap Value ETF accounts for about 2.9% of Corundum Group Inc.’s portfolio, making the stock its 11th largest holding. Corundum Group Inc.’s holdings in iShares Russell Mid-Cap Value ETF were worth $6,607,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. City Center Advisors LLC increased its stake in iShares Russell Mid-Cap Value ETF by 1.9% in the 2nd quarter. City Center Advisors LLC now owns 4,228 shares of the company’s stock valued at $559,000 after buying an additional 78 shares during the last quarter. NBC Securities Inc. increased its stake in iShares Russell Mid-Cap Value ETF by 1.3% in the 2nd quarter. NBC Securities Inc. now owns 6,665 shares of the company’s stock valued at $880,000 after buying an additional 88 shares during the last quarter. Sovran Advisors LLC increased its stake in iShares Russell Mid-Cap Value ETF by 3.9% in the 1st quarter. Sovran Advisors LLC now owns 2,687 shares of the company’s stock valued at $318,000 after buying an additional 102 shares during the last quarter. Breakwater Capital Group increased its stake in iShares Russell Mid-Cap Value ETF by 3.7% in the 2nd quarter. Breakwater Capital Group now owns 2,905 shares of the company’s stock valued at $384,000 after buying an additional 103 shares during the last quarter. Finally, Essex Financial Services Inc. increased its stake in iShares Russell Mid-Cap Value ETF by 2.4% in the 1st quarter. Essex Financial Services Inc. now owns 4,511 shares of the company’s stock valued at $568,000 after buying an additional 104 shares during the last quarter. 80.17% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Value ETF Price Performance

Shares of IWS opened at $140.93 on Friday. The firm has a 50-day moving average of $137.52 and a 200-day moving average of $130.78. iShares Russell Mid-Cap Value ETF has a one year low of $108.85 and a one year high of $141.68. The company has a market cap of $14.24 billion, a PE ratio of 19.11 and a beta of 1.08.

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.