iShares Russell Mid-Cap Value ETF $IWS Shares Bought by Pinnacle Financial Partners Inc

Pinnacle Financial Partners Inc lifted its stake in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 5.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 66,362 shares of the company’s stock after purchasing an additional 3,722 shares during the quarter. Pinnacle Financial Partners Inc owned about 0.07% of iShares Russell Mid-Cap Value ETF worth $9,269,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE increased its stake in iShares Russell Mid-Cap Value ETF by 0.4% during the 2nd quarter. Bank of America Corp DE now owns 3,759,738 shares of the company’s stock valued at $496,812,000 after buying an additional 16,361 shares during the period. TIAA Trust National Association boosted its holdings in shares of iShares Russell Mid-Cap Value ETF by 0.3% in the second quarter. TIAA Trust National Association now owns 3,393,013 shares of the company’s stock valued at $448,338,000 after acquiring an additional 11,380 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of iShares Russell Mid-Cap Value ETF by 3.4% during the second quarter. Ameriprise Financial Inc. now owns 1,128,123 shares of the company’s stock valued at $149,477,000 after acquiring an additional 36,938 shares during the period. Cassaday & Co Wealth Management LLC raised its holdings in iShares Russell Mid-Cap Value ETF by 0.5% during the second quarter. Cassaday & Co Wealth Management LLC now owns 976,963 shares of the company’s stock worth $129,096,000 after purchasing an additional 4,749 shares in the last quarter. Finally, Stephens Inc. AR lifted its position in iShares Russell Mid-Cap Value ETF by 1.0% in the third quarter. Stephens Inc. AR now owns 843,697 shares of the company’s stock worth $117,839,000 after purchasing an additional 7,971 shares during the period. Institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Stock Performance

Shares of NYSEARCA IWS opened at $148.25 on Friday. iShares Russell Mid-Cap Value ETF has a 1 year low of $108.85 and a 1 year high of $149.21. The firm has a market cap of $14.92 billion, a P/E ratio of 19.11 and a beta of 1.02. The stock has a fifty day moving average price of $141.87 and a two-hundred day moving average price of $138.95.

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.