Simplicity Wealth LLC Cuts Stake in iShares Russell Mid-Cap Value ETF $IWS

Simplicity Wealth LLC lessened its holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 46.7% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 39,157 shares of the company’s stock after selling 34,357 shares during the quarter. Simplicity Wealth LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $5,469,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in IWS. Atlantic Union Bankshares Corp purchased a new stake in shares of iShares Russell Mid-Cap Value ETF in the 2nd quarter worth about $571,000. First Horizon Corp purchased a new stake in iShares Russell Mid-Cap Value ETF in the third quarter worth about $11,141,000. Lloyd Advisory Services LLC. boosted its position in iShares Russell Mid-Cap Value ETF by 20.1% during the 2nd quarter. Lloyd Advisory Services LLC. now owns 3,066 shares of the company’s stock valued at $405,000 after acquiring an additional 514 shares in the last quarter. B. Riley Wealth Advisors Inc. bought a new stake in iShares Russell Mid-Cap Value ETF during the 2nd quarter valued at approximately $1,312,000. Finally, American National Bank of Texas purchased a new position in shares of iShares Russell Mid-Cap Value ETF during the 3rd quarter worth approximately $1,344,000. 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 NYSEARCA:IWS opened at $148.88 on Thursday. The firm has a market capitalization of $14.96 billion, a P/E ratio of 19.11 and a beta of 1.02. The stock has a 50 day moving average price of $142.34 and a 200-day moving average price of $139.22. iShares Russell Mid-Cap Value ETF has a 52-week low of $108.85 and a 52-week high of $149.33.

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.