477,110 Shares of iShares Russell Mid-Cap Value ETF $IWS Purchased by Money Concepts Capital Corp

Money Concepts Capital Corp bought a new position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 477,110 shares of the company’s stock, valued at approximately $76,691,000. iShares Russell Mid-Cap Value ETF makes up approximately 3.4% of Money Concepts Capital Corp’s investment portfolio, making the stock its 2nd biggest position.

Several other hedge funds have also modified their holdings of IWS. First Citizens Bank & Trust Co. bought a new stake in shares of iShares Russell Mid-Cap Value ETF in the 3rd quarter valued at about $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 approximately $272,601,000. Cassaday & Co Wealth Management LLC raised its stake in shares of iShares Russell Mid-Cap Value ETF by 1.9% during the 1st quarter. Cassaday & Co Wealth Management LLC now owns 1,023,739 shares of the company’s stock worth $149,200,000 after acquiring an additional 18,611 shares in the last quarter. Lido Advisors LLC bought a new position in shares of iShares Russell Mid-Cap Value ETF during the 3rd quarter worth approximately $52,160,000. Finally, AMG National Trust Bank bought a new position in shares of iShares Russell Mid-Cap Value ETF during the 3rd quarter worth approximately $49,255,000. 80.17% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Value ETF Stock Down 1.1%

NYSEARCA:IWS opened at $171.50 on Friday. iShares Russell Mid-Cap Value ETF has a 52 week low of $133.74 and a 52 week high of $174.42. The firm has a 50 day moving average of $166.77 and a 200 day moving average of $160.52. The stock has a market capitalization of $15.01 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.