QRG Capital Management Inc. Lowers Stock Position in iShares Russell Mid-Cap Value ETF $IWS

QRG Capital Management Inc. lessened its holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 41.0% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 2,455 shares of the company’s stock after selling 1,706 shares during the period. QRG Capital Management Inc.’s holdings in iShares Russell Mid-Cap Value ETF were worth $324,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Olde Wealth Management LLC purchased a new stake in shares of iShares Russell Mid-Cap Value ETF in the 1st quarter worth approximately $26,000. Trifecta Capital Advisors LLC purchased a new stake in shares of iShares Russell Mid-Cap Value ETF in the 1st quarter worth approximately $28,000. Hughes Financial Services LLC purchased a new stake in iShares Russell Mid-Cap Value ETF during the first quarter valued at approximately $31,000. AlphaCore Capital LLC purchased a new stake in iShares Russell Mid-Cap Value ETF during the first quarter valued at approximately $31,000. Finally, Arlington Trust Co LLC purchased a new stake in iShares Russell Mid-Cap Value ETF during the first quarter valued at approximately $32,000. Hedge funds and other institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Stock Down 2.5%

NYSEARCA:IWS opened at $135.66 on Friday. iShares Russell Mid-Cap Value ETF has a 52 week low of $108.85 and a 52 week high of $141.68. The firm has a 50 day moving average of $137.92 and a 200 day moving average of $131.23. The stock has a market capitalization of $13.71 billion, a price-to-earnings ratio of 19.11 and a beta of 1.08.

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.