iShares Russell Mid-Cap Value ETF $IWS Shares Purchased by Avantax Planning Partners Inc.

Avantax Planning Partners Inc. grew its holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 6.3% during the 1st quarter, HoldingsChannel.com reports. The firm owned 114,135 shares of the company’s stock after buying an additional 6,716 shares during the period. Avantax Planning Partners Inc.’s holdings in iShares Russell Mid-Cap Value ETF were worth $16,634,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Wells Fargo & Company MN boosted 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 valued at $552,549,000 after acquiring an additional 165,686 shares during the period. Bank of America Corp DE lifted its position 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 valued at $496,812,000 after acquiring an additional 16,361 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake 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 buying an additional 3,282,372 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in shares of iShares Russell Mid-Cap Value ETF by 1.2% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 2,856,534 shares of the company’s stock valued at $402,914,000 after acquiring an additional 33,247 shares during the period. Finally, First Citizens Bank & Trust Co. increased its stake in iShares Russell Mid-Cap Value ETF by 1.2% in 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 purchasing an additional 33,376 shares during the period. Hedge funds and other institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Trading Up 0.2%

iShares Russell Mid-Cap Value ETF stock opened at $165.70 on Tuesday. The stock has a 50 day moving average of $161.30 and a two-hundred day moving average of $153.38. iShares Russell Mid-Cap Value ETF has a twelve month low of $131.46 and a twelve month high of $167.07. The stock has a market capitalization of $15.70 billion, a price-to-earnings ratio of 19.11 and a beta of 0.95.

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.