iShares Russell Mid-Cap Value ETF $IWS Shares Sold by Truist Financial Corp

Truist Financial Corp lessened its position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 0.8% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 430,051 shares of the company’s stock after selling 3,655 shares during the quarter. Truist Financial Corp’s holdings in iShares Russell Mid-Cap Value ETF were worth $60,065,000 at the end of the most recent quarter.

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

iShares Russell Mid-Cap Value ETF Price Performance

Shares of IWS stock opened at $147.84 on Thursday. The firm has a market cap of $14.78 billion, a PE ratio of 19.11 and a beta of 1.02. The company has a 50-day moving average of $143.50 and a two-hundred day moving average of $139.69. iShares Russell Mid-Cap Value ETF has a 1-year low of $108.85 and a 1-year high of $150.03.

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.