Summit Financial LLC Has $554,000 Position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Summit Financial LLC lessened its holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 4.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 4,760 shares of the company’s stock after selling 196 shares during the period. Summit Financial LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $554,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. AlphaMark Advisors LLC acquired a new position in shares of iShares Russell Mid-Cap Value ETF in the 4th quarter worth approximately $44,000. CVA Family Office LLC acquired a new position in shares of iShares Russell Mid-Cap Value ETF in the 4th quarter worth approximately $48,000. Planned Solutions Inc. acquired a new position in shares of iShares Russell Mid-Cap Value ETF in the 4th quarter worth approximately $49,000. Life Planning Partners Inc acquired a new position in shares of iShares Russell Mid-Cap Value ETF in the 4th quarter worth approximately $51,000. Finally, Financial Connections Group Inc. acquired a new position in shares of iShares Russell Mid-Cap Value ETF during the 4th quarter valued at $60,000.

iShares Russell Mid-Cap Value ETF Trading Up 1.0 %

IWS opened at $120.99 on Friday. The company’s fifty day moving average price is $121.11 and its two-hundred day moving average price is $114.28. iShares Russell Mid-Cap Value ETF has a 1-year low of $97.40 and a 1-year high of $125.64. The company has a market cap of $13.48 billion, a price-to-earnings ratio of 16.67 and a beta of 0.98.

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.