Goelzer Investment Management Inc. acquired a new stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS – Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 13,936 shares of the company’s stock, valued at approximately $2,240,000.
Several other large investors have also recently added to or reduced their stakes in the business. Legacy Wealth Partners LLC increased its position in iShares Russell Mid-Cap Value ETF by 2.4% during the third quarter. Legacy Wealth Partners LLC now owns 2,838 shares of the company’s stock worth $456,000 after purchasing an additional 67 shares during the last quarter. Rehmann Capital Advisory Group lifted its position in iShares Russell Mid-Cap Value ETF by 0.6% during the fourth quarter. Rehmann Capital Advisory Group now owns 12,277 shares of the company’s stock valued at $1,732,000 after buying an additional 72 shares in the last quarter. GAMMA Investing LLC grew its stake in iShares Russell Mid-Cap Value ETF by 7.5% during the second quarter. GAMMA Investing LLC now owns 1,077 shares of the company’s stock worth $177,000 after buying an additional 75 shares during the period. Paladin Advisory Group LLC raised its stake in shares of iShares Russell Mid-Cap Value ETF by 8.0% in the 1st quarter. Paladin Advisory Group LLC now owns 1,152 shares of the company’s stock valued at $168,000 after acquiring an additional 85 shares during the period. Finally, HB Wealth Management LLC raised its position in iShares Russell Mid-Cap Value ETF by 1.0% in the second quarter. HB Wealth Management LLC now owns 8,701 shares of the company’s stock valued at $1,432,000 after purchasing an additional 90 shares during the period. 80.17% of the stock is currently owned by hedge funds and other institutional investors.
iShares Russell Mid-Cap Value ETF Stock Down 0.4%
IWS opened at $165.88 on Friday. The firm has a market capitalization of $15.40 billion, a P/E ratio of 19.11 and a beta of 0.96. The firm’s 50 day moving average is $167.31 and its 200-day moving average is $162.69. iShares Russell Mid-Cap Value ETF has a 52-week low of $133.74 and a 52-week high of $173.52.
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.
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