Advisors Preferred LLC Makes New Investment in iShares Russell Mid-Cap Value ETF $IWS

Advisors Preferred LLC purchased a new stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 38,288 shares of the company’s stock, valued at approximately $5,580,000.

Several other hedge funds have also made changes to their positions in IWS. Sigma Planning Corp increased its stake in iShares Russell Mid-Cap Value ETF by 1.0% during the first quarter. Sigma Planning Corp now owns 24,262 shares of the company’s stock worth $3,536,000 after acquiring an additional 245 shares during the last quarter. Avantax Planning Partners Inc. lifted its stake in shares of iShares Russell Mid-Cap Value ETF by 6.3% in the 1st quarter. Avantax Planning Partners Inc. now owns 114,135 shares of the company’s stock valued at $16,634,000 after purchasing an additional 6,716 shares during the last quarter. Calamos Advisors LLC acquired a new position in shares of iShares Russell Mid-Cap Value ETF in the 1st quarter valued at $252,000. Bryn Mawr Trust Advisors LLC grew its holdings in shares of iShares Russell Mid-Cap Value ETF by 141.4% during the 1st quarter. Bryn Mawr Trust Advisors LLC now owns 13,693 shares of the company’s stock worth $1,996,000 after purchasing an additional 8,020 shares during the period. Finally, Principal Financial Group Inc. grew its holdings in shares of iShares Russell Mid-Cap Value ETF by 34.3% during the 1st quarter. Principal Financial Group Inc. now owns 26,225 shares of the company’s stock worth $3,822,000 after purchasing an additional 6,704 shares during the period. Hedge funds and other institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Trading Down 0.1%

Shares of NYSEARCA:IWS opened at $165.46 on Wednesday. The company has a market capitalization of $15.61 billion, a price-to-earnings ratio of 19.11 and a beta of 0.95. iShares Russell Mid-Cap Value ETF has a 12-month low of $131.46 and a 12-month high of $167.07. The business has a 50-day moving average price of $161.46 and a 200 day moving average price of $153.53.

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.