Fifth Third Securities Inc. Has $16.05 Million Stake in iShares Russell Mid-Cap Value ETF $IWS

Fifth Third Securities Inc. boosted its position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 5.4% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 114,875 shares of the company’s stock after purchasing an additional 5,904 shares during the period. iShares Russell Mid-Cap Value ETF accounts for about 1.1% of Fifth Third Securities Inc.’s portfolio, making the stock its 19th biggest holding. Fifth Third Securities Inc. owned about 0.11% of iShares Russell Mid-Cap Value ETF worth $16,045,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Jones Financial Companies Lllp increased its stake in shares of iShares Russell Mid-Cap Value ETF by 7.9% in the first quarter. Jones Financial Companies Lllp now owns 10,056,638 shares of the company’s stock valued at $1,258,208,000 after buying an additional 736,389 shares during the period. Bank of America Corp DE grew its holdings in iShares Russell Mid-Cap Value ETF by 0.4% during the 2nd quarter. Bank of America Corp DE now owns 3,759,738 shares of the company’s stock worth $496,812,000 after acquiring an additional 16,361 shares during the last quarter. TIAA Trust National Association increased its position in iShares Russell Mid-Cap Value ETF by 0.3% in the 2nd quarter. TIAA Trust National Association now owns 3,393,013 shares of the company’s stock valued at $448,338,000 after acquiring an additional 11,380 shares during the period. Ameriprise Financial Inc. raised its stake in shares of iShares Russell Mid-Cap Value ETF by 3.4% during the second quarter. Ameriprise Financial Inc. now owns 1,128,123 shares of the company’s stock valued at $149,477,000 after acquiring an additional 36,938 shares during the last quarter. Finally, Cassaday & Co Wealth Management LLC lifted its holdings in shares of iShares Russell Mid-Cap Value ETF by 0.5% during the second quarter. Cassaday & Co Wealth Management LLC now owns 976,963 shares of the company’s stock worth $129,096,000 after purchasing an additional 4,749 shares during the period. 80.17% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Value ETF Stock Up 0.5%

Shares of iShares Russell Mid-Cap Value ETF stock opened at $141.89 on Friday. The stock has a market cap of $14.15 billion, a price-to-earnings ratio of 19.11 and a beta of 1.02. iShares Russell Mid-Cap Value ETF has a twelve month low of $108.85 and a twelve month high of $145.00. The company’s fifty day moving average is $139.48 and its 200 day moving average is $136.92.

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.