Montgomery Financial Services LLC Takes $6.52 Million Position in iShares Russell Mid-Cap Value ETF $IWS

Montgomery Financial Services LLC purchased a new position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 39,630 shares of the company’s stock, valued at approximately $6,523,000. iShares Russell Mid-Cap Value ETF comprises 5.7% of Montgomery Financial Services LLC’s investment portfolio, making the stock its 5th largest position.

Several other institutional investors also recently added to or reduced their stakes in the stock. Conning Inc. grew its stake in iShares Russell Mid-Cap Value ETF by 24.3% in the first quarter. Conning Inc. now owns 59,718 shares of the company’s stock worth $8,703,000 after purchasing an additional 11,676 shares in the last quarter. Rockefeller Capital Management L.P. raised its position in iShares Russell Mid-Cap Value ETF by 25.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 198,232 shares of the company’s stock valued at $27,961,000 after purchasing an additional 39,976 shares in the last quarter. Midwest Trust Co raised its position in iShares Russell Mid-Cap Value ETF by 13.7% during the 4th quarter. Midwest Trust Co now owns 35,917 shares of the company’s stock valued at $5,066,000 after purchasing an additional 4,321 shares in the last quarter. Stonebridge Financial Group LLC MO purchased a new stake in shares of iShares Russell Mid-Cap Value ETF in the 4th quarter worth $469,000. Finally, J.W. Cole Advisors Inc. lifted its holdings in shares of iShares Russell Mid-Cap Value ETF by 76.3% in the 4th quarter. J.W. Cole Advisors Inc. now owns 25,968 shares of the company’s stock worth $3,357,000 after buying an additional 11,237 shares during the period. Hedge funds and other institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Trading Down 0.4%

IWS opened at $170.28 on Friday. The company has a market capitalization of $15.87 billion, a price-to-earnings ratio of 19.11 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 $173.52. The business’s fifty day simple moving average is $168.52 and its 200-day simple moving average is $159.41.

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.