First Citizens Investor Services Inc. Takes Position in iShares Russell Mid-Cap Value ETF $IWS

First Citizens Investor Services Inc. bought a new position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 140,799 shares of the company’s stock, valued at approximately $19,665,000. iShares Russell Mid-Cap Value ETF comprises 7.6% of First Citizens Investor Services Inc.’s investment portfolio, making the stock its 6th biggest position.

Several other institutional investors have also recently made changes to their positions in the company. Clearstead Trust LLC purchased a new stake in shares of iShares Russell Mid-Cap Value ETF during the 2nd quarter valued at approximately $25,000. Clean Yield Group acquired a new stake in iShares Russell Mid-Cap Value ETF during the third quarter worth $25,000. Westside Investment Management Inc. raised its position in iShares Russell Mid-Cap Value ETF by 108.3% in the second quarter. Westside Investment Management Inc. now owns 200 shares of the company’s stock valued at $27,000 after purchasing an additional 104 shares during the period. Financial Consulate Inc. acquired a new position in shares of iShares Russell Mid-Cap Value ETF in the 3rd quarter valued at $29,000. Finally, Rossmore Private Capital acquired a new position in shares of iShares Russell Mid-Cap Value ETF in the 3rd quarter valued at $29,000. 80.17% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Value ETF Price Performance

NYSEARCA IWS opened at $148.46 on Wednesday. The stock has a market capitalization of $14.81 billion, a P/E ratio of 19.11 and a beta of 1.02. The firm’s 50-day moving average is $144.37 and its two-hundred day moving average is $140.11. iShares Russell Mid-Cap Value ETF has a 12 month low of $108.85 and a 12 month high of $150.03.

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.