SVB Wealth LLC Has $40.62 Million Stake in iShares Russell Mid-Cap Value ETF $IWS

SVB Wealth LLC raised its position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 4.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 290,834 shares of the company’s stock after acquiring an additional 12,077 shares during the period. iShares Russell Mid-Cap Value ETF comprises approximately 2.2% of SVB Wealth LLC’s holdings, making the stock its 10th largest holding. SVB Wealth LLC owned 0.29% of iShares Russell Mid-Cap Value ETF worth $40,621,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of IWS. Midwest Trust Co increased its position in shares of iShares Russell Mid-Cap Value ETF by 24.7% during the third quarter. Midwest Trust Co now owns 31,596 shares of the company’s stock valued at $4,413,000 after purchasing an additional 6,255 shares during the period. Wealthfront Advisers LLC boosted its stake in iShares Russell Mid-Cap Value ETF by 1.8% during the third quarter. Wealthfront Advisers LLC now owns 12,401 shares of the company’s stock worth $1,732,000 after buying an additional 220 shares in the last quarter. Nuance Investments LLC increased its holdings in iShares Russell Mid-Cap Value ETF by 167.9% in the 3rd quarter. Nuance Investments LLC now owns 40,300 shares of the company’s stock valued at $5,629,000 after buying an additional 25,255 shares during the period. Renasant Bank increased its holdings in iShares Russell Mid-Cap Value ETF by 26.8% in the 3rd quarter. Renasant Bank now owns 13,216 shares of the company’s stock valued at $1,846,000 after buying an additional 2,793 shares during the period. Finally, Appleton Partners Inc. MA raised its stake in shares of iShares Russell Mid-Cap Value ETF by 21.4% in the 3rd quarter. Appleton Partners Inc. MA now owns 2,971 shares of the company’s stock valued at $415,000 after buying an additional 524 shares in the last quarter. Institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Stock Up 0.1%

NYSEARCA IWS opened at $152.26 on Tuesday. iShares Russell Mid-Cap Value ETF has a twelve month low of $108.85 and a twelve month high of $152.66. The stock has a market cap of $15.14 billion, a P/E ratio of 19.11 and a beta of 1.02. The company’s 50-day simple moving average is $145.14 and its 200 day simple moving average is $140.51.

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.