iShares Russell Mid-Cap Value ETF $IWS Shares Sold by First Citizens Bank & Trust Co.

First Citizens Bank & Trust Co. reduced its holdings in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 2.4% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 2,666,348 shares of the company’s stock after selling 66,027 shares during the period. iShares Russell Mid-Cap Value ETF makes up 6.8% of First Citizens Bank & Trust Co.’s investment portfolio, making the stock its 3rd largest holding. First Citizens Bank & Trust Co. owned about 2.80% of iShares Russell Mid-Cap Value ETF worth $388,594,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of IWS. Wells Fargo & Company MN boosted its stake in shares of iShares Russell Mid-Cap Value ETF by 4.4% during the fourth quarter. Wells Fargo & Company MN now owns 3,917,401 shares of the company’s stock worth $552,549,000 after buying an additional 165,686 shares during the period. Bank of America Corp DE increased its position in iShares Russell Mid-Cap Value ETF by 0.4% in 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 acquiring an additional 16,361 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in iShares Russell Mid-Cap Value ETF by 1,160.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,565,153 shares of the company’s stock valued at $502,865,000 after acquiring an additional 3,282,372 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in iShares Russell Mid-Cap Value ETF by 1.2% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 2,856,534 shares of the company’s stock valued at $402,914,000 after acquiring an additional 33,247 shares during the last quarter. Finally, LPL Financial LLC raised its stake in iShares Russell Mid-Cap Value ETF by 0.6% during the 4th quarter. LPL Financial LLC now owns 1,210,535 shares of the company’s stock valued at $170,746,000 after acquiring an additional 6,863 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 Trading Up 0.1%

iShares Russell Mid-Cap Value ETF stock opened at $165.20 on Wednesday. The stock has a 50 day moving average of $162.22 and a two-hundred day moving average of $154.36. iShares Russell Mid-Cap Value ETF has a twelve month low of $131.46 and a twelve month high of $168.14. The stock has a market capitalization of $15.58 billion, a price-to-earnings ratio of 19.11 and a beta of 0.95.

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.