Assetmark Inc. Sells 4,532 Shares of iShares Russell Mid-Cap Value ETF $IWS

Assetmark Inc. lowered its stake in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 10.3% in the first quarter, Holdings Channel reports. The institutional investor owned 39,569 shares of the company’s stock after selling 4,532 shares during the period. Assetmark Inc.’s holdings in iShares Russell Mid-Cap Value ETF were worth $5,767,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Wells Fargo & Company MN grew its stake in iShares Russell Mid-Cap Value ETF by 4.4% during the 4th quarter. Wells Fargo & Company MN now owns 3,917,401 shares of the company’s stock worth $552,549,000 after buying an additional 165,686 shares during 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 worth $496,812,000 after acquiring an additional 16,361 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of 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 worth $502,865,000 after acquiring an additional 3,282,372 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in shares of 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 worth $402,914,000 after acquiring an additional 33,247 shares during the last quarter. Finally, First Citizens Bank & Trust Co. increased its holdings in shares of iShares Russell Mid-Cap Value ETF by 1.2% during the fourth quarter. First Citizens Bank & Trust Co. now owns 2,732,375 shares of the company’s stock valued at $385,401,000 after acquiring an additional 33,376 shares in the last quarter. 80.17% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Value ETF Stock Up 0.1%

Shares of iShares Russell Mid-Cap Value ETF stock opened at $165.20 on Wednesday. The company has a 50 day moving average price of $162.22 and a 200 day moving average price of $154.36. The firm has a market capitalization of $15.58 billion, a P/E ratio of 19.11 and a beta of 0.95. iShares Russell Mid-Cap Value ETF has a 52 week low of $131.46 and a 52 week high of $168.14.

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.