Farther Finance Advisors LLC Acquires 7,084 Shares of iShares Russell Mid-Cap Value ETF $IWS

Farther Finance Advisors LLC increased its holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 141.9% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,078 shares of the company’s stock after purchasing an additional 7,084 shares during the period. Farther Finance Advisors LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $1,687,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Clearstead Trust LLC bought a new stake in shares of iShares Russell Mid-Cap Value ETF in the 2nd quarter valued at approximately $25,000. Westside Investment Management Inc. lifted its position in shares of iShares Russell Mid-Cap Value ETF by 108.3% during the 2nd quarter. Westside Investment Management Inc. now owns 200 shares of the company’s stock worth $27,000 after buying an additional 104 shares during the period. Trust Co. of Toledo NA OH acquired a new stake in iShares Russell Mid-Cap Value ETF in the 2nd quarter valued at $33,000. Legacy Investment Solutions LLC acquired a new stake in iShares Russell Mid-Cap Value ETF in the 2nd quarter valued at $33,000. Finally, Howe & Rusling Inc. grew its position in iShares Russell Mid-Cap Value ETF by 1,180.0% in the second quarter. Howe & Rusling Inc. now owns 256 shares of the company’s stock valued at $34,000 after acquiring an additional 236 shares during the period. Institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Stock Performance

Shares of NYSEARCA IWS opened at $143.04 on Friday. iShares Russell Mid-Cap Value ETF has a 52-week low of $108.85 and a 52-week high of $145.00. The business has a fifty day moving average of $139.97 and a two-hundred day moving average of $137.34. The stock has a market cap of $14.26 billion, a PE ratio of 19.11 and a beta of 1.02.

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.