Parallel Advisors LLC Grows Stake in iShares Russell Mid-Cap Value ETF $IWS

Parallel Advisors LLC lifted its position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 25.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 17,871 shares of the company’s stock after acquiring an additional 3,609 shares during the period. Parallel Advisors LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $2,521,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in IWS. Northwestern Mutual Wealth Management Co. grew its stake in iShares Russell Mid-Cap Value ETF by 1,160.7% in 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. BNP Paribas Financial Markets increased its position in iShares Russell Mid-Cap Value ETF by 397.2% during the second quarter. BNP Paribas Financial Markets now owns 248,581 shares of the company’s stock worth $32,847,000 after buying an additional 198,581 shares in the last quarter. CIBC Bancorp USA Inc. purchased a new position in iShares Russell Mid-Cap Value ETF during the third quarter worth $18,761,000. Allworth Financial LP increased its position in iShares Russell Mid-Cap Value ETF by 2,432.2% during the fourth quarter. Allworth Financial LP now owns 116,762 shares of the company’s stock worth $16,469,000 after buying an additional 112,151 shares in the last quarter. Finally, Thompson Siegel & Walmsley LLC increased its position in iShares Russell Mid-Cap Value ETF by 89.4% during the fourth quarter. Thompson Siegel & Walmsley LLC now owns 236,937 shares of the company’s stock worth $33,420,000 after buying an additional 111,823 shares in the last quarter. 80.17% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Value ETF Trading Down 1.9%

iShares Russell Mid-Cap Value ETF stock opened at $159.43 on Friday. The stock has a market cap of $15.19 billion, a PE ratio of 19.11 and a beta of 0.95. The stock has a 50-day moving average price of $154.92 and a 200 day moving average price of $149.04. iShares Russell Mid-Cap Value ETF has a 52 week low of $128.00 and a 52 week high of $162.64.

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.