Port Capital LLC Lowers Stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Port Capital LLC decreased its position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 8.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,681 shares of the company’s stock after selling 534 shares during the quarter. Port Capital LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $735,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of IWS. Raymond James Financial Inc. bought a new stake in shares of iShares Russell Mid-Cap Value ETF during the 4th quarter worth approximately $97,688,000. Jones Financial Companies Lllp grew its position in shares of iShares Russell Mid-Cap Value ETF by 6.7% during the 4th quarter. Jones Financial Companies Lllp now owns 9,320,249 shares of the company’s stock worth $1,205,481,000 after buying an additional 583,892 shares in the last quarter. Bank of America Corp DE increased its stake in shares of iShares Russell Mid-Cap Value ETF by 14.2% during the fourth quarter. Bank of America Corp DE now owns 4,197,949 shares of the company’s stock valued at $542,963,000 after buying an additional 520,436 shares during the period. Anchor Capital Advisors LLC lifted its stake in iShares Russell Mid-Cap Value ETF by 137.2% in the fourth quarter. Anchor Capital Advisors LLC now owns 498,392 shares of the company’s stock worth $64,462,000 after acquiring an additional 288,246 shares during the period. Finally, Lido Advisors LLC lifted its stake in iShares Russell Mid-Cap Value ETF by 694.1% in the fourth quarter. Lido Advisors LLC now owns 295,952 shares of the company’s stock worth $38,278,000 after acquiring an additional 258,685 shares during the period.

iShares Russell Mid-Cap Value ETF Stock Performance

Shares of IWS opened at $128.59 on Thursday. The company has a 50 day moving average price of $122.55 and a 200-day moving average price of $129.51. iShares Russell Mid-Cap Value ETF has a fifty-two week low of $108.85 and a fifty-two week high of $140.95. The stock has a market capitalization of $13.18 billion, a PE ratio of 18.17 and a beta of 1.02.

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.