Kingdom Financial Group LLC. Buys 7,629 Shares of iShares Russell Mid-Cap Value ETF $IWS

Kingdom Financial Group LLC. raised its position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 24.8% in the third quarter, HoldingsChannel reports. The fund owned 38,397 shares of the company’s stock after purchasing an additional 7,629 shares during the quarter. iShares Russell Mid-Cap Value ETF makes up approximately 3.3% of Kingdom Financial Group LLC.’s holdings, making the stock its 7th largest holding. Kingdom Financial Group LLC.’s holdings in iShares Russell Mid-Cap Value ETF were worth $5,363,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Parkside Financial Bank & Trust grew its holdings in shares of iShares Russell Mid-Cap Value ETF by 77.0% in the third quarter. Parkside Financial Bank & Trust now owns 6,898 shares of the company’s stock valued at $963,000 after acquiring an additional 3,001 shares in the last quarter. Bishop & Co Investment Management LLC boosted its holdings in iShares Russell Mid-Cap Value ETF by 2.3% in the 3rd quarter. Bishop & Co Investment Management LLC now owns 139,778 shares of the company’s stock worth $19,523,000 after buying an additional 3,092 shares during the period. Anchor Capital Advisors LLC grew its position in shares of iShares Russell Mid-Cap Value ETF by 10.5% in the third quarter. Anchor Capital Advisors LLC now owns 214,223 shares of the company’s stock valued at $29,920,000 after purchasing an additional 20,298 shares in the last quarter. Root Financial Partners LLC bought a new stake in shares of iShares Russell Mid-Cap Value ETF during the third quarter valued at about $70,000. Finally, Arkadios Wealth Advisors boosted its holdings in iShares Russell Mid-Cap Value ETF by 39.5% in the 3rd quarter. Arkadios Wealth Advisors now owns 8,104 shares of the company’s stock valued at $1,132,000 after purchasing an additional 2,293 shares during the period. 80.17% of the stock is owned by institutional investors.

iShares Russell Mid-Cap Value ETF Price Performance

Shares of IWS opened at $148.94 on Friday. The firm’s 50 day simple moving average is $142.56 and its 200 day simple moving average is $139.29. The company has a market capitalization of $14.97 billion, a P/E ratio of 19.11 and a beta of 1.02. 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.