Principle Wealth Partners LLC Purchases New Position in iShares Russell Mid-Cap Value ETF $IWS

Principle Wealth Partners LLC purchased a new stake in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) during the second quarter, HoldingsChannel.com reports. The firm purchased 5,155 shares of the company’s stock, valued at approximately $681,000.

A number of other hedge funds also recently bought and sold shares of the business. Zions Bancorporation National Association UT bought a new stake in iShares Russell Mid-Cap Value ETF during the 1st quarter valued at approximately $151,753,000. Jones Financial Companies Lllp boosted 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 valued at $1,258,208,000 after acquiring an additional 736,389 shares in the last quarter. American Century Companies Inc. bought a new stake in iShares Russell Mid-Cap Value ETF during the 1st quarter valued at approximately $78,091,000. Pacific Life Fund Advisors LLC bought a new stake in iShares Russell Mid-Cap Value ETF during the 1st quarter valued at approximately $50,290,000. Finally, Wellington Management Group LLP bought a new stake in iShares Russell Mid-Cap Value ETF during the 1st quarter valued at approximately $22,146,000. Hedge funds and other institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Stock Performance

iShares Russell Mid-Cap Value ETF stock opened at $139.90 on Friday. The stock’s 50 day simple moving average is $138.60 and its two-hundred day simple moving average is $132.17. The stock has a market cap of $14.04 billion, a price-to-earnings ratio of 19.11 and a beta of 1.08. iShares Russell Mid-Cap Value ETF has a fifty-two week low of $108.85 and a fifty-two week high of $141.68.

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.