147,771 Shares in iShares Russell Mid-Cap Value ETF $IWS Acquired by Arax Advisory Partners

Arax Advisory Partners purchased a new position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 147,771 shares of the company’s stock, valued at approximately $19,302,000. Arax Advisory Partners owned about 0.15% of iShares Russell Mid-Cap Value ETF at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of IWS. Kohmann Bosshard Financial Services LLC bought a new stake in iShares Russell Mid-Cap Value ETF during the 4th quarter worth approximately $28,000. Triumph Capital Management bought a new stake in iShares Russell Mid-Cap Value ETF during the 3rd quarter worth approximately $29,000. Investment Counsel Co. of Nevada bought a new stake in iShares Russell Mid-Cap Value ETF during the 3rd quarter worth approximately $35,000. Laurel Wealth Advisors LLC bought a new stake in iShares Russell Mid-Cap Value ETF during the 4th quarter worth approximately $35,000. Finally, Palisade Asset Management LLC bought a new stake in iShares Russell Mid-Cap Value ETF during the 3rd quarter worth approximately $43,000. 80.17% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Value ETF Price Performance

NYSEARCA IWS opened at $163.74 on Friday. The firm has a market cap of $15.60 billion, a PE ratio of 19.11 and a beta of 0.95. iShares Russell Mid-Cap Value ETF has a one year low of $128.00 and a one year high of $164.11. The stock’s 50 day simple moving average is $156.55 and its 200 day simple moving average is $149.93.

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.