Oppenheimer & Co. Inc. Makes New Investment in iShares Russell Mid-Cap Value ETF $IWS

Oppenheimer & Co. Inc. bought a new stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 20,906 shares of the company’s stock, valued at approximately $3,360,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Capital Investment Advisors LLC bought a new stake in shares of iShares Russell Mid-Cap Value ETF during the 3rd quarter valued at about $606,000. Conning Inc. grew its stake in iShares Russell Mid-Cap Value ETF by 24.3% during the first quarter. Conning Inc. now owns 59,718 shares of the company’s stock worth $8,703,000 after purchasing an additional 11,676 shares during the period. IFP Advisors Inc grew its stake in iShares Russell Mid-Cap Value ETF by 22.6% during the second quarter. IFP Advisors Inc now owns 17,965 shares of the company’s stock worth $2,957,000 after purchasing an additional 3,306 shares during the period. Montgomery Financial Services LLC acquired a new stake in iShares Russell Mid-Cap Value ETF during the second quarter worth approximately $6,523,000. Finally, Evanson Financial LLC bought a new stake in iShares Russell Mid-Cap Value ETF in the second quarter worth approximately $609,000. Institutional investors and hedge funds own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Stock Performance

Shares of IWS stock opened at $170.07 on Friday. iShares Russell Mid-Cap Value ETF has a fifty-two week low of $133.74 and a fifty-two week high of $173.52. The stock has a 50 day simple moving average of $166.69 and a two-hundred day simple moving average of $159.47. The company has a market cap of $15.79 billion, a P/E ratio of 19.11 and a beta of 0.96.

About iShares Russell Mid-Cap Value ETF

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.