Telos Capital Management Inc. Makes New Investment in iShares Russell Mid-Cap Value ETF $IWS

Telos Capital Management Inc. acquired a new position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 18,843 shares of the company’s stock, valued at approximately $3,029,000.

Other hedge funds have also recently bought and sold shares of the company. Albion Financial Group UT acquired a new stake in shares of iShares Russell Mid-Cap Value ETF in the 3rd quarter valued at $26,000. Allied Private Wealth LLC acquired a new stake in shares of iShares Russell Mid-Cap Value ETF during the 2nd quarter worth about $27,000. Signaturefd LLC acquired a new stake in shares of iShares Russell Mid-Cap Value ETF during the 3rd quarter worth about $26,000. Security National Bank of Sioux City Iowa IA bought a new position in iShares Russell Mid-Cap Value ETF during the 2nd quarter valued at about $28,000. Finally, Signature Resources Capital Management LLC lifted its holdings in iShares Russell Mid-Cap Value ETF by 116.5% during the 1st quarter. Signature Resources Capital Management LLC now owns 171 shares of the company’s stock valued at $25,000 after purchasing an additional 92 shares during the last quarter. 80.17% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Value ETF Stock Down 2.8%

Shares of IWS stock opened at $168.69 on Friday. The company has a market capitalization of $14.83 billion, a P/E ratio of 18.85 and a beta of 0.95. iShares Russell Mid-Cap Value ETF has a 12-month low of $133.74 and a 12-month high of $174.42. The firm has a 50-day moving average price of $166.62 and a 200 day moving average price of $159.93.

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.