Vertrix Wealth Management LLC Makes New $1.76 Million Investment in iShares Russell Mid-Cap Value ETF $IWS

Vertrix Wealth Management LLC purchased a new position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) during the 1st quarter, Holdings Channel.com reports. The institutional investor purchased 12,112 shares of the company’s stock, valued at approximately $1,765,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC grew its holdings in shares of iShares Russell Mid-Cap Value ETF by 1.0% in the fourth quarter. Brighton Jones LLC now owns 20,670 shares of the company’s stock valued at $2,673,000 after purchasing an additional 201 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in iShares Russell Mid-Cap Value ETF by 2.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 6,439 shares of the company’s stock valued at $833,000 after buying an additional 124 shares during the period. AQR Capital Management LLC boosted its position in iShares Russell Mid-Cap Value ETF by 18.6% in the 1st quarter. AQR Capital Management LLC now owns 8,080 shares of the company’s stock valued at $1,018,000 after buying an additional 1,267 shares during the period. Jane Street Group LLC acquired a new position in shares of iShares Russell Mid-Cap Value ETF in the first quarter worth $5,269,000. Finally, Russell Investments Group Ltd. grew its stake in shares of iShares Russell Mid-Cap Value ETF by 166.6% in the second quarter. Russell Investments Group Ltd. now owns 2,607 shares of the company’s stock worth $344,000 after acquiring an additional 1,629 shares in the last quarter. Hedge funds and other institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Trading Up 0.2%

iShares Russell Mid-Cap Value ETF stock opened at $164.85 on Thursday. iShares Russell Mid-Cap Value ETF has a twelve month low of $131.46 and a twelve month high of $166.74. The stock’s fifty day simple moving average is $159.71 and its 200-day simple moving average is $152.06. The firm has a market capitalization of $15.67 billion, a P/E ratio of 19.11 and a beta of 0.95.

About iShares Russell Mid-Cap Value ETF

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.