Stephens Group Asset Management LLC cut its stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 50.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 896,762 shares of the company’s stock after selling 898,695 shares during the period. iShares Russell Mid-Cap Value ETF accounts for 11.7% of Stephens Group Asset Management LLC’s holdings, making the stock its 2nd biggest position. Stephens Group Asset Management LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $84,986,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Covington Capital Management bought a new stake in iShares Russell Mid-Cap Value ETF during the second quarter valued at about $28,000. Simplex Trading LLC purchased a new stake in iShares Russell Mid-Cap Value ETF in the 3rd quarter worth approximately $28,000. Ellevest Inc. raised its stake in iShares Russell Mid-Cap Value ETF by 36.3% during the 3rd quarter. Ellevest Inc. now owns 462 shares of the company’s stock worth $41,000 after acquiring an additional 123 shares during the period. Cutler Group LP bought a new stake in iShares Russell Mid-Cap Value ETF during the 3rd quarter worth approximately $48,000. Finally, Boston Partners purchased a new position in iShares Russell Mid-Cap Value ETF during the third quarter valued at approximately $57,000.

Shares of IWS traded up $0.27 during mid-day trading on Tuesday, reaching $95.20. The stock had a trading volume of 336,800 shares, compared to its average volume of 444,122. The business has a fifty day moving average of $93.64 and a 200 day moving average of $90.26. iShares Russell Mid-Cap Value ETF has a 12 month low of $79.95 and a 12 month high of $95.33.

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a dividend of $0.5527 per share. This represents a $2.21 annualized dividend and a dividend yield of 2.32%. This is an increase from iShares Russell Mid-Cap Value ETF’s previous quarterly dividend of $0.44. The ex-dividend date of this dividend was Monday, December 16th.

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.

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Institutional Ownership by Quarter for iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

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