iShares Russell Mid-Cap Value ETF $IWS Shares Sold by GLOBALT Investments LLC GA

GLOBALT Investments LLC GA lowered its stake in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 1.6% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 238,485 shares of the company’s stock after selling 3,764 shares during the period. iShares Russell Mid-Cap Value ETF makes up about 1.2% of GLOBALT Investments LLC GA’s investment portfolio, making the stock its 18th largest position. GLOBALT Investments LLC GA’s holdings in iShares Russell Mid-Cap Value ETF were worth $33,309,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp lifted its position in iShares Russell Mid-Cap Value ETF by 7.9% during the 1st quarter. Jones Financial Companies Lllp now owns 10,056,638 shares of the company’s stock worth $1,258,208,000 after acquiring an additional 736,389 shares during the period. Bank of America Corp DE increased its holdings in shares of iShares Russell Mid-Cap Value ETF by 0.4% in the second quarter. Bank of America Corp DE now owns 3,759,738 shares of the company’s stock valued at $496,812,000 after purchasing an additional 16,361 shares during the period. TIAA Trust National Association raised its stake in shares of iShares Russell Mid-Cap Value ETF by 0.3% during the second quarter. TIAA Trust National Association now owns 3,393,013 shares of the company’s stock worth $448,338,000 after purchasing an additional 11,380 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of iShares Russell Mid-Cap Value ETF by 3.4% during the second quarter. Ameriprise Financial Inc. now owns 1,128,123 shares of the company’s stock worth $149,477,000 after purchasing an additional 36,938 shares during the last quarter. Finally, Cassaday & Co Wealth Management LLC lifted its holdings in shares of iShares Russell Mid-Cap Value ETF by 0.5% during the second quarter. Cassaday & Co Wealth Management LLC now owns 976,963 shares of the company’s stock worth $129,096,000 after purchasing an additional 4,749 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

NYSEARCA:IWS opened at $142.66 on Wednesday. The firm’s fifty day moving average price is $139.67 and its 200 day moving average price is $137.17. iShares Russell Mid-Cap Value ETF has a 1-year low of $108.85 and a 1-year high of $145.00. The firm has a market cap of $14.22 billion, a price-to-earnings ratio of 19.11 and a beta of 1.02.

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.