Private Management Group Inc. Purchases New Holdings in iShares Russell Mid-Cap Value ETF $IWS

Private Management Group Inc. purchased a new position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,949 shares of the company’s stock, valued at approximately $1,117,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. First Citizens Bank & Trust Co. purchased a new position in iShares Russell Mid-Cap Value ETF during the 3rd quarter valued at about $297,622,000. Commonwealth Equity Services LLC bought a new stake in shares of iShares Russell Mid-Cap Value ETF in the 3rd quarter valued at about $272,601,000. Chicago Partners Investment Group LLC purchased a new stake in shares of iShares Russell Mid-Cap Value ETF in the 3rd quarter worth approximately $42,183,000. Evergreen Capital Management LLC purchased a new stake in shares of iShares Russell Mid-Cap Value ETF in the 3rd quarter worth approximately $18,681,000. Finally, Fifth Third Securities Inc. purchased a new stake in shares of iShares Russell Mid-Cap Value ETF in the 3rd quarter worth approximately $17,895,000. 80.17% of the stock is owned by institutional investors.

iShares Russell Mid-Cap Value ETF Stock Performance

NYSEARCA IWS opened at $172.27 on Wednesday. The firm’s 50 day moving average price is $166.64 and its 200-day moving average price is $160.28. 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 cap of $15.10 billion, a PE ratio of 18.85 and a beta of 0.95.

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.