1,695,913 Shares of iShares Russell Mid-Cap Value ETF $IWS Purchased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC bought a new position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the third quarter, Holdings Channel.com reports. The institutional investor bought 1,695,913 shares of the company’s stock, valued at approximately $272,601,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of IWS. First Citizens Bank & Trust Co. purchased a new stake in iShares Russell Mid-Cap Value ETF in the third quarter valued at approximately $297,622,000. Cassaday & Co Wealth Management LLC raised its position in iShares Russell Mid-Cap Value ETF by 1.9% during the 1st quarter. Cassaday & Co Wealth Management LLC now owns 1,023,739 shares of the company’s stock worth $149,200,000 after buying an additional 18,611 shares during the last quarter. Lido Advisors LLC raised its position in iShares Russell Mid-Cap Value ETF by 6.9% during the 1st quarter. Lido Advisors LLC now owns 321,226 shares of the company’s stock worth $46,816,000 after buying an additional 20,686 shares during the last quarter. SVB Wealth LLC raised its position in iShares Russell Mid-Cap Value ETF by 5.8% during the 2nd quarter. SVB Wealth LLC now owns 276,422 shares of the company’s stock worth $45,499,000 after buying an additional 15,220 shares during the last quarter. Finally, Cedar Mountain Advisors LLC raised its position in iShares Russell Mid-Cap Value ETF by 0.4% during the 2nd quarter. Cedar Mountain Advisors LLC now owns 252,713 shares of the company’s stock worth $41,597,000 after buying an additional 1,131 shares during the last quarter. Institutional investors and hedge funds own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Trading Down 2.8%

Shares of NYSEARCA IWS opened at $168.69 on Friday. iShares Russell Mid-Cap Value ETF has a 12 month low of $133.74 and a 12 month high of $174.42. The company has a 50 day simple moving average of $166.62 and a two-hundred day simple moving average of $159.93. The stock has a market cap of $14.83 billion, a price-to-earnings ratio of 18.85 and a beta of 0.95.

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.