Apollon Wealth Management LLC Sells 3,815 Shares of iShares Russell Mid-Cap Value ETF $IWS

Apollon Wealth Management LLC trimmed its position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 45.6% during the first quarter, HoldingsChannel.com reports. The firm owned 4,544 shares of the company’s stock after selling 3,815 shares during the quarter. Apollon Wealth Management LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $662,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Sterling Capital Management LLC raised its position in iShares Russell Mid-Cap Value ETF by 9.6% in the 1st quarter. Sterling Capital Management LLC now owns 125,473 shares of the company’s stock valued at $18,286,000 after buying an additional 10,991 shares during the last quarter. FLP Wealth Management LLC boosted its position in iShares Russell Mid-Cap Value ETF by 11.5% during the 1st quarter. FLP Wealth Management LLC now owns 15,886 shares of the company’s stock worth $2,315,000 after acquiring an additional 1,640 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC acquired a new position in iShares Russell Mid-Cap Value ETF during the 1st quarter worth approximately $206,000. Decker Retirement Planning Inc. grew its stake in shares of iShares Russell Mid-Cap Value ETF by 3.1% during the 1st quarter. Decker Retirement Planning Inc. now owns 4,308 shares of the company’s stock worth $628,000 after acquiring an additional 128 shares in the last quarter. Finally, LifeWealth Investments LLC grew its stake in shares of iShares Russell Mid-Cap Value ETF by 15.5% during the 1st quarter. LifeWealth Investments LLC now owns 76,894 shares of the company’s stock worth $11,206,000 after acquiring an additional 10,337 shares in the last quarter. 80.17% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Value ETF Price Performance

NYSEARCA IWS opened at $166.05 on Friday. iShares Russell Mid-Cap Value ETF has a 12-month low of $131.46 and a 12-month high of $166.86. The company has a market capitalization of $15.66 billion, a PE ratio of 19.11 and a beta of 0.95. The firm’s 50 day moving average is $160.12 and its 200-day moving average is $152.32.

iShares Russell Mid-Cap Value ETF 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.