SVB Wealth LLC Sells 27,656 Shares of iShares Russell Mid-Cap Value ETF $IWS

SVB Wealth LLC trimmed its stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 10.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 248,766 shares of the company’s stock after selling 27,656 shares during the period. iShares Russell Mid-Cap Value ETF accounts for approximately 2.7% of SVB Wealth LLC’s holdings, making the stock its 7th largest position. SVB Wealth LLC owned about 0.28% of iShares Russell Mid-Cap Value ETF worth $39,987,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of IWS. Legacy Wealth Partners LLC grew its holdings 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 valued at $456,000 after purchasing an additional 67 shares during the period. Howard Capital Management LLC increased its position in iShares Russell Mid-Cap Value ETF by 3.6% in the third quarter. Howard Capital Management LLC now owns 2,100 shares of the company’s stock worth $338,000 after buying an additional 73 shares in the last quarter. GAMMA Investing LLC increased its position in iShares Russell Mid-Cap Value ETF by 7.5% in 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 in the last quarter. Asset One Wealth Management LLC increased its position in iShares Russell Mid-Cap Value ETF by 2.7% in the third quarter. Asset One Wealth Management LLC now owns 3,042 shares of the company’s stock worth $489,000 after buying an additional 80 shares in the last quarter. Finally, Navigation Wealth Management Inc. raised its stake in shares of iShares Russell Mid-Cap Value ETF by 2.8% in the third quarter. Navigation Wealth Management Inc. now owns 3,150 shares of the company’s stock worth $520,000 after buying an additional 85 shares during the period. 80.17% of the stock is owned by institutional investors.

iShares Russell Mid-Cap Value ETF Stock Down 1.1%

NYSEARCA IWS opened at $171.50 on Friday. iShares Russell Mid-Cap Value ETF has a 52 week low of $133.74 and a 52 week high of $174.42. The company has a market capitalization of $15.01 billion, a P/E ratio of 18.85 and a beta of 0.95. The stock’s 50-day moving average price is $166.77 and its 200-day moving average price is $160.52.

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.