Oppenheimer Asset Management Inc. Makes New $3.46 Million Investment in iShares Russell Mid-Cap Value ETF $IWS

Oppenheimer Asset Management Inc. bought a new position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 24,537 shares of the company’s stock, valued at approximately $3,461,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Sigma Planning Corp grew its holdings in iShares Russell Mid-Cap Value ETF by 7.5% during the 4th quarter. Sigma Planning Corp now owns 24,017 shares of the company’s stock worth $3,388,000 after acquiring an additional 1,667 shares during the last quarter. Laurel Wealth Advisors LLC bought a new stake in iShares Russell Mid-Cap Value ETF during the 4th quarter worth approximately $35,000. Heritage Investment Group Inc. bought a new stake in iShares Russell Mid-Cap Value ETF during the 4th quarter worth approximately $245,000. Interchange Capital Partners LLC bought a new stake in iShares Russell Mid-Cap Value ETF during the 4th quarter worth approximately $201,000. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in iShares Russell Mid-Cap Value ETF during the 4th quarter worth approximately $28,000. 80.17% of the stock is owned by institutional investors.

iShares Russell Mid-Cap Value ETF Price Performance

IWS opened at $156.38 on Monday. iShares Russell Mid-Cap Value ETF has a fifty-two week low of $123.42 and a fifty-two week high of $157.69. The firm has a market capitalization of $14.90 billion, a price-to-earnings ratio of 19.11 and a beta of 0.96. The company’s 50 day moving average price is $150.26 and its two-hundred day moving average price is $145.76.

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.