SVB Wealth LLC Raises Stake in iShares Russell Mid-Cap Value ETF $IWS

SVB Wealth LLC lifted its holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 5.8% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 276,422 shares of the company’s stock after buying an additional 15,220 shares during the period. iShares Russell Mid-Cap Value ETF makes up approximately 2.6% of SVB Wealth LLC’s portfolio, making the stock its 8th biggest holding. SVB Wealth LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $45,499,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Brighton Jones LLC boosted its stake in iShares Russell Mid-Cap Value ETF by 1.0% in the 4th quarter. Brighton Jones LLC now owns 20,670 shares of the company’s stock worth $2,673,000 after purchasing an additional 201 shares during the period. Revolve Wealth Partners LLC grew its position in shares of iShares Russell Mid-Cap Value ETF by 2.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 6,439 shares of the company’s stock valued at $833,000 after purchasing an additional 124 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of iShares Russell Mid-Cap Value ETF by 18.6% in the first quarter. AQR Capital Management LLC now owns 8,080 shares of the company’s stock worth $1,018,000 after purchasing an additional 1,267 shares during the period. Jane Street Group LLC purchased a new stake in shares of iShares Russell Mid-Cap Value ETF in the first quarter worth $5,269,000. Finally, Russell Investments Group Ltd. boosted its stake in iShares Russell Mid-Cap Value ETF by 166.6% during the second quarter. Russell Investments Group Ltd. now owns 2,607 shares of the company’s stock valued at $344,000 after buying an additional 1,629 shares during the period. 80.17% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Value ETF Price Performance

Shares of NYSEARCA:IWS opened at $168.57 on Wednesday. The company’s fifty day moving average price is $168.71 and its 200-day moving average price is $159.70. The firm has a market capitalization of $15.71 billion, a price-to-earnings ratio of 19.11 and a beta of 0.95. iShares Russell Mid-Cap Value ETF has a one year low of $133.74 and a one year 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.