Sacks & Associates LLC Makes New Investment in iShares Russell Mid-Cap Value ETF $IWS

Sacks & Associates LLC acquired a new stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 6,322 shares of the company’s stock, valued at approximately $1,016,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of IWS. Friday Financial raised its holdings in shares of iShares Russell Mid-Cap Value ETF by 228.6% during the 3rd quarter. Friday Financial now owns 22,888 shares of the company’s stock valued at $3,703,000 after buying an additional 15,922 shares during the period. Atlas Brown Inc. purchased a new position in iShares Russell Mid-Cap Value ETF in the 3rd quarter worth approximately $3,218,000. Davidson Trust Co. acquired a new stake in iShares Russell Mid-Cap Value ETF in the third quarter valued at approximately $469,000. Inspirion Wealth Advisors LLC acquired a new stake in iShares Russell Mid-Cap Value ETF in the third quarter valued at approximately $8,484,000. Finally, Diversified Management Inc. purchased a new position in shares of iShares Russell Mid-Cap Value ETF in the third quarter valued at $478,000. Institutional investors and hedge funds own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Trading Up 0.6%

IWS opened at $164.89 on Friday. iShares Russell Mid-Cap Value ETF has a twelve month low of $133.74 and a twelve month high of $173.52. The firm has a market cap of $15.25 billion, a price-to-earnings ratio of 19.11 and a beta of 0.96. The company has a fifty day simple moving average of $167.79 and a 200 day simple moving average of $161.97.

iShares Russell Mid-Cap Value ETF 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.