Hsbc Holdings PLC acquired a new stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 107,949 shares of the company’s stock, valued at approximately $15,226,000. Hsbc Holdings PLC owned about 0.11% of iShares Russell Mid-Cap Value ETF at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Wells Fargo & Company MN increased its stake in shares of iShares Russell Mid-Cap Value ETF by 4.4% in the 4th 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 during the last quarter. Bank of America Corp DE raised its position in shares of iShares Russell Mid-Cap Value ETF by 0.4% in the 2nd 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 period. Northwestern Mutual Wealth Management Co. boosted its stake in iShares Russell Mid-Cap Value ETF by 1,160.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,565,153 shares of the company’s stock worth $502,865,000 after acquiring an additional 3,282,372 shares during the last quarter. TIAA Trust National Association boosted its stake in iShares Russell Mid-Cap Value ETF by 1.0% during the 3rd quarter. TIAA Trust National Association now owns 3,427,479 shares of the company’s stock worth $478,709,000 after acquiring an additional 34,466 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its holdings in iShares Russell Mid-Cap Value ETF by 1.2% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,856,534 shares of the company’s stock valued at $402,914,000 after purchasing an additional 33,247 shares during the period. Institutional investors and hedge funds own 80.17% of the company’s stock.
iShares Russell Mid-Cap Value ETF Stock Performance
Shares of NYSEARCA:IWS opened at $166.03 on Friday. iShares Russell Mid-Cap Value ETF has a 52 week low of $130.42 and a 52 week high of $166.74. The company has a market capitalization of $15.82 billion, a PE ratio of 19.11 and a beta of 0.95. The company has a 50 day moving average price of $158.91 and a two-hundred day moving average price of $151.43.
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.
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