Granville Capital Inc. Purchases New Stake in iShares Russell Mid-Cap Value ETF $IWS

Granville Capital Inc. acquired a new stake in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 9,701 shares of the company’s stock, valued at approximately $1,559,000. iShares Russell Mid-Cap Value ETF makes up approximately 0.6% of Granville Capital Inc.’s holdings, making the stock its 26th largest position.

Other large investors have also added to or reduced their stakes in the company. First Citizens Bank & Trust Co. purchased a new stake in shares of iShares Russell Mid-Cap Value ETF in the third quarter worth $297,622,000. Commonwealth Equity Services LLC purchased a new position in shares of iShares Russell Mid-Cap Value ETF in the 3rd quarter worth about $272,601,000. Cassaday & Co Wealth Management LLC boosted its stake in iShares Russell Mid-Cap Value ETF by 1.9% in the 1st quarter. Cassaday & Co Wealth Management LLC now owns 1,023,739 shares of the company’s stock worth $149,200,000 after purchasing an additional 18,611 shares in the last quarter. Lido Advisors LLC bought a new position in iShares Russell Mid-Cap Value ETF in the 3rd quarter worth about $52,160,000. Finally, AMG National Trust Bank bought a new position in iShares Russell Mid-Cap Value ETF in the 3rd quarter worth about $49,255,000. Hedge funds and other institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Stock Performance

Shares of IWS stock opened at $173.37 on Thursday. iShares Russell Mid-Cap Value ETF has a one year low of $133.74 and a one year high of $174.42. The company’s 50-day moving average is $166.74 and its 200 day moving average is $160.40. The company has a market capitalization of $15.20 billion, a price-to-earnings ratio of 18.85 and a beta of 0.95.

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.