iShares Russell Mid-Cap Value ETF $IWS Shares Purchased by Cassaday & Co Wealth Management LLC

Cassaday & Co Wealth Management LLC raised its stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 1.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,023,739 shares of the company’s stock after purchasing an additional 18,611 shares during the period. iShares Russell Mid-Cap Value ETF accounts for about 3.2% of Cassaday & Co Wealth Management LLC’s holdings, making the stock its 8th biggest position. Cassaday & Co Wealth Management LLC owned 1.07% of iShares Russell Mid-Cap Value ETF worth $149,200,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Signature Resources Capital Management LLC boosted its holdings in shares of iShares Russell Mid-Cap Value ETF by 116.5% in the 1st quarter. Signature Resources Capital Management LLC now owns 171 shares of the company’s stock valued at $25,000 after buying an additional 92 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in shares of iShares Russell Mid-Cap Value ETF in the 4th quarter valued at $28,000. Triumph Capital Management acquired a new stake in iShares Russell Mid-Cap Value ETF during the 3rd quarter worth $29,000. Laurel Wealth Advisors LLC acquired a new stake in iShares Russell Mid-Cap Value ETF during the 4th quarter worth $35,000. Finally, Palisade Asset Management LLC acquired a new stake in iShares Russell Mid-Cap Value ETF during the 3rd quarter worth $43,000. Institutional investors and hedge funds own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Price Performance

Shares of IWS opened at $165.01 on Tuesday. iShares Russell Mid-Cap Value ETF has a 1-year low of $131.46 and a 1-year high of $168.14. The stock has a market cap of $15.56 billion, a PE ratio of 19.11 and a beta of 0.95. The firm has a fifty day moving average price of $162.08 and a 200 day moving average price of $154.19.

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.