Triad Wealth Partners LLC Makes New Investment in iShares Russell Mid-Cap Value ETF $IWS

Triad Wealth Partners LLC purchased a new position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the first quarter, according to its most recent disclosure with the SEC. The firm purchased 5,194 shares of the company’s stock, valued at approximately $757,000.

Other institutional investors have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its holdings in iShares Russell Mid-Cap Value ETF by 1,160.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,565,153 shares of the company’s stock worth $502,865,000 after buying an additional 3,282,372 shares during the last quarter. Align Financial LLC acquired a new stake in shares of iShares Russell Mid-Cap Value ETF in the fourth quarter worth $31,613,000. BNP Paribas Financial Markets boosted its holdings in iShares Russell Mid-Cap Value ETF by 397.2% during the second quarter. BNP Paribas Financial Markets now owns 248,581 shares of the company’s stock valued at $32,847,000 after acquiring an additional 198,581 shares during the period. Wells Fargo & Company MN boosted its holdings in iShares Russell Mid-Cap Value ETF by 4.4% during the fourth 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 period. Finally, Arax Advisory Partners acquired a new stake in shares of iShares Russell Mid-Cap Value ETF in the fourth quarter valued at about $19,302,000. 80.17% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Value ETF Stock Performance

iShares Russell Mid-Cap Value ETF stock opened at $162.95 on Monday. The business’s 50-day simple moving average is $158.00 and its 200-day simple moving average is $150.80. The firm has a market capitalization of $15.53 billion, a PE 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.

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.