Align Financial LLC Makes New Investment in iShares Russell Mid-Cap Value ETF $IWS

Align Financial LLC purchased a new position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 224,128 shares of the company’s stock, valued at approximately $31,613,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Wells Fargo & Company MN raised its holdings 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 purchasing an additional 165,686 shares during the last quarter. Bank of America Corp DE raised its holdings in iShares Russell Mid-Cap Value ETF by 0.4% during the 2nd quarter. Bank of America Corp DE now owns 3,759,738 shares of the company’s stock worth $496,812,000 after purchasing an additional 16,361 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised 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 purchasing an additional 3,282,372 shares during the last quarter. TIAA Trust National Association raised its holdings 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 purchasing an additional 34,466 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in 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 worth $402,914,000 after purchasing an additional 33,247 shares during the last quarter. Institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Stock Performance

iShares Russell Mid-Cap Value ETF stock opened at $161.45 on Thursday. The firm has a 50 day moving average price of $157.48 and a two-hundred day moving average price of $150.49. The firm has a market cap of $15.39 billion, a price-to-earnings ratio of 19.11 and a beta of 0.95. iShares Russell Mid-Cap Value ETF has a 52-week low of $128.00 and a 52-week high of $165.60.

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.