D.A. Davidson & CO. Sells 5,367 Shares of iShares Russell Mid-Cap Value ETF $IWS

D.A. Davidson & CO. lessened its holdings in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 30.1% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 12,482 shares of the company’s stock after selling 5,367 shares during the period. D.A. Davidson & CO.’s holdings in iShares Russell Mid-Cap Value ETF were worth $1,819,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IWS. Northwestern Mutual Wealth Management Co. grew its holdings 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. Align Financial LLC acquired a new stake in iShares Russell Mid-Cap Value ETF in the 4th quarter valued at about $31,613,000. BNP Paribas Financial Markets raised its stake in shares of iShares Russell Mid-Cap Value ETF by 397.2% in the second quarter. BNP Paribas Financial Markets now owns 248,581 shares of the company’s stock worth $32,847,000 after acquiring an additional 198,581 shares during the last quarter. Wells Fargo & Company MN raised its stake 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 worth $552,549,000 after acquiring an additional 165,686 shares during the last quarter. Finally, Arax Advisory Partners bought a new position in shares of iShares Russell Mid-Cap Value ETF in the fourth quarter worth about $19,302,000. 80.17% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Value ETF Trading Up 0.1%

Shares of IWS stock opened at $165.20 on Wednesday. iShares Russell Mid-Cap Value ETF has a 1 year low of $131.46 and a 1 year high of $168.14. The firm’s 50 day moving average is $162.22 and its 200-day moving average is $154.36. The firm has a market capitalization of $15.58 billion, a price-to-earnings ratio of 19.11 and a beta of 0.95.

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.