WASHINGTON TRUST Co Purchases 3,671 Shares of iShares Russell Mid-Cap Value ETF $IWS

WASHINGTON TRUST Co acquired a new position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 3,671 shares of the company’s stock, valued at approximately $590,000.

Several other hedge funds have also modified their holdings of the stock. First Citizens Bank & Trust Co. purchased a new position in iShares Russell Mid-Cap Value ETF in the third quarter valued at $297,622,000. Fifth Third Securities Inc. purchased a new stake in iShares Russell Mid-Cap Value ETF during the 3rd quarter worth about $17,895,000. Hsbc Holdings PLC purchased a new stake in iShares Russell Mid-Cap Value ETF during the 4th quarter worth about $15,226,000. Fifth Third Bancorp raised its position in iShares Russell Mid-Cap Value ETF by 71.3% in the 1st quarter. Fifth Third Bancorp now owns 203,918 shares of the company’s stock valued at $29,719,000 after purchasing an additional 84,906 shares in the last quarter. Finally, Sentinel Advisory Group LLC acquired a new stake in iShares Russell Mid-Cap Value ETF in the 1st quarter valued at about $9,521,000. 80.17% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Value ETF Stock Performance

Shares of IWS opened at $168.43 on Friday. iShares Russell Mid-Cap Value ETF has a 1 year low of $133.74 and a 1 year high of $173.52. The stock has a 50-day simple moving average of $166.86 and a 200-day simple moving average of $163.45. The stock has a market capitalization of $15.64 billion, a PE 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.