Granite FO LLC Makes New Investment in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Granite FO LLC purchased a new stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 4,043 shares of the company’s stock, valued at approximately $488,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Able Wealth Management LLC bought a new stake in shares of iShares Russell Mid-Cap Value ETF during the fourth quarter worth $26,000. Rothschild Investment LLC acquired a new stake in shares of iShares Russell Mid-Cap Value ETF during the 2nd quarter valued at $27,000. Tortoise Investment Management LLC bought a new stake in iShares Russell Mid-Cap Value ETF during the 2nd quarter worth $32,000. LifeSteps Financial Inc. acquired a new position in iShares Russell Mid-Cap Value ETF in the 1st quarter worth about $38,000. Finally, Palisade Asset Management LLC bought a new position in iShares Russell Mid-Cap Value ETF in the first quarter valued at about $39,000.

iShares Russell Mid-Cap Value ETF Trading Up 0.5 %

NYSEARCA:IWS opened at $132.00 on Monday. The stock’s 50-day moving average is $127.40 and its 200-day moving average is $123.81. iShares Russell Mid-Cap Value ETF has a 1-year low of $97.40 and a 1-year high of $132.79. The stock has a market cap of $13.82 billion, a P/E ratio of 17.15 and a beta of 0.97.

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.