Sowell Financial Services LLC Purchases 42,200 Shares of iShares Russell Mid-Cap Value ETF $IWS

Sowell Financial Services LLC acquired a new stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) during the 3rd quarter, Holdings Channel.com reports. The firm acquired 42,200 shares of the company’s stock, valued at approximately $6,783,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. First Citizens Bank & Trust Co. purchased a new stake in iShares Russell Mid-Cap Value ETF during the 3rd quarter worth approximately $297,622,000. Cassaday & Co Wealth Management LLC grew its position in shares of iShares Russell Mid-Cap Value ETF by 1.9% during the first quarter. Cassaday & Co Wealth Management LLC now owns 1,023,739 shares of the company’s stock worth $149,200,000 after buying an additional 18,611 shares in the last quarter. Lido Advisors LLC increased its stake in shares of iShares Russell Mid-Cap Value ETF by 6.9% during the first quarter. Lido Advisors LLC now owns 321,226 shares of the company’s stock worth $46,816,000 after buying an additional 20,686 shares during the period. SVB Wealth LLC raised its holdings in iShares Russell Mid-Cap Value ETF by 5.8% in the second quarter. SVB Wealth LLC now owns 276,422 shares of the company’s stock valued at $45,499,000 after acquiring an additional 15,220 shares in the last quarter. Finally, Cedar Mountain Advisors LLC lifted its position in shares of iShares Russell Mid-Cap Value ETF by 0.4% during the 2nd quarter. Cedar Mountain Advisors LLC now owns 252,713 shares of the company’s stock worth $41,597,000 after purchasing an additional 1,131 shares during the last quarter. 80.17% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Value ETF Stock Performance

IWS opened at $171.17 on Friday. iShares Russell Mid-Cap Value ETF has a one year low of $133.74 and a one year high of $173.52. The company has a market cap of $15.89 billion, a P/E ratio of 19.11 and a beta of 0.96. The business’s 50-day simple moving average is $166.71 and its 200-day simple moving average is $159.35.

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.