Stephens Inc. AR Lowers Stock Position in iShares Russell Mid-Cap Value ETF $IWS

Stephens Inc. AR reduced its position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 18.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 683,625 shares of the company’s stock after selling 157,073 shares during the period. iShares Russell Mid-Cap Value ETF accounts for about 1.2% of Stephens Inc. AR’s holdings, making the stock its 13th biggest position. Stephens Inc. AR’s holdings in iShares Russell Mid-Cap Value ETF were worth $99,645,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Kohmann Bosshard Financial Services LLC bought a new stake in iShares Russell Mid-Cap Value ETF in the 4th quarter worth about $28,000. Triumph Capital Management bought a new position in shares of iShares Russell Mid-Cap Value ETF during the 3rd quarter worth approximately $29,000. Investment Counsel Co. of Nevada bought a new position in shares of iShares Russell Mid-Cap Value ETF during the 3rd quarter worth approximately $35,000. Laurel Wealth Advisors LLC bought a new position in shares of iShares Russell Mid-Cap Value ETF in the fourth quarter valued at approximately $35,000. Finally, Palisade Asset Management LLC bought a new position in shares of iShares Russell Mid-Cap Value ETF in the third quarter valued at approximately $43,000. 80.17% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Value ETF Stock Performance

Shares of IWS opened at $166.05 on Monday. iShares Russell Mid-Cap Value ETF has a 12 month low of $131.46 and a 12 month high of $166.86. The company has a market capitalization of $15.66 billion, a price-to-earnings ratio of 19.11 and a beta of 0.95. The stock has a 50 day moving average of $160.12 and a 200 day moving average of $152.39.

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.