Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS – Free Report) by 1,160.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,565,153 shares of the company’s stock after acquiring an additional 3,282,372 shares during the period. Northwestern Mutual Wealth Management Co. owned 3.58% of iShares Russell Mid-Cap Value ETF worth $502,865,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also made changes to their positions in the business. Sequoia Financial Advisors LLC raised its position in shares of iShares Russell Mid-Cap Value ETF by 1.0% during the 4th quarter. Sequoia Financial Advisors LLC now owns 7,758 shares of the company’s stock worth $1,094,000 after acquiring an additional 76 shares in the last quarter. Magnus Financial Group LLC raised its position in shares of iShares Russell Mid-Cap Value ETF by 3.1% during the 4th quarter. Magnus Financial Group LLC now owns 2,589 shares of the company’s stock worth $365,000 after acquiring an additional 77 shares in the last quarter. Sonata Capital Group Inc. raised its position in shares of iShares Russell Mid-Cap Value ETF by 0.8% during the 4th quarter. Sonata Capital Group Inc. now owns 9,276 shares of the company’s stock worth $1,308,000 after acquiring an additional 77 shares in the last quarter. Heck Capital Advisors LLC raised its position in shares of iShares Russell Mid-Cap Value ETF by 0.8% during the 4th quarter. Heck Capital Advisors LLC now owns 10,774 shares of the company’s stock worth $1,520,000 after acquiring an additional 81 shares in the last quarter. Finally, Pineridge Advisors LLC raised its position in shares of iShares Russell Mid-Cap Value ETF by 6.7% during the 3rd quarter. Pineridge Advisors LLC now owns 1,314 shares of the company’s stock worth $184,000 after acquiring an additional 82 shares in the last quarter. Institutional investors and hedge funds own 80.17% of the company’s stock.
iShares Russell Mid-Cap Value ETF Stock Performance
Shares of NYSEARCA IWS opened at $155.43 on Friday. iShares Russell Mid-Cap Value ETF has a fifty-two week low of $125.56 and a fifty-two week high of $159.71. The firm has a market capitalization of $14.81 billion, a PE ratio of 19.11 and a beta of 0.96. The stock’s 50-day simple moving average is $151.06 and its 200-day simple moving average is $146.88.
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.
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