First Citizens Asset Management Inc. grew its holdings in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS – Free Report) by 5.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 164,471 shares of the company’s stock after purchasing an additional 8,815 shares during the period. iShares Russell Mid-Cap Value ETF makes up about 8.5% of First Citizens Asset Management Inc.’s holdings, making the stock its 5th biggest position. First Citizens Asset Management Inc. owned approximately 0.17% of iShares Russell Mid-Cap Value ETF worth $23,970,000 as of its most recent SEC filing.
Other hedge funds have also modified their holdings of the company. Wells Fargo & Company MN lifted its position in shares of iShares Russell Mid-Cap Value ETF by 4.4% in the fourth quarter. Wells Fargo & Company MN now owns 3,917,401 shares of the company’s stock valued at $552,549,000 after acquiring an additional 165,686 shares in the last quarter. Bank of America Corp DE boosted its holdings in iShares Russell Mid-Cap Value ETF by 0.4% in the second quarter. Bank of America Corp DE now owns 3,759,738 shares of the company’s stock valued at $496,812,000 after acquiring an additional 16,361 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in iShares Russell Mid-Cap Value ETF by 1,160.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,565,153 shares of the company’s stock valued at $502,865,000 after acquiring an additional 3,282,372 shares during the period. TIAA Trust National Association grew its position in iShares Russell Mid-Cap Value ETF by 1.0% during the third quarter. TIAA Trust National Association now owns 3,427,479 shares of the company’s stock valued at $478,709,000 after acquiring an additional 34,466 shares during the period. Finally, Envestnet Portfolio Solutions Inc. lifted its holdings in shares of iShares Russell Mid-Cap Value ETF by 1.2% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 2,856,534 shares of the company’s stock valued at $402,914,000 after acquiring an additional 33,247 shares in the last quarter. 80.17% of the stock is owned by institutional investors and hedge funds.
iShares Russell Mid-Cap Value ETF Trading Up 0.7%
Shares of NYSEARCA IWS opened at $164.08 on Tuesday. iShares Russell Mid-Cap Value ETF has a 12-month low of $128.00 and a 12-month high of $165.60. The company has a market cap of $15.64 billion, a P/E ratio of 19.11 and a beta of 0.95. The stock has a fifty day moving average price of $158.24 and a 200 day moving average price of $150.97.
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.
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