iShares Russell Mid-Cap Value ETF $IWS Position Cut by Covenant Partners LLC

Covenant Partners LLC decreased its stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 2.9% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 154,758 shares of the company’s stock after selling 4,639 shares during the quarter. iShares Russell Mid-Cap Value ETF comprises 6.1% of Covenant Partners LLC’s portfolio, making the stock its 5th biggest holding. Covenant Partners LLC owned about 0.15% of iShares Russell Mid-Cap Value ETF worth $21,615,000 as of its most recent filing with the SEC.

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

iShares Russell Mid-Cap Value ETF Price Performance

Shares of NYSEARCA:IWS opened at $146.73 on Friday. The firm has a market capitalization of $14.81 billion, a PE ratio of 19.11 and a beta of 1.02. The business has a 50 day simple moving average of $140.87 and a two-hundred day simple moving average of $138.39. iShares Russell Mid-Cap Value ETF has a 1 year low of $108.85 and a 1 year high of $147.14.

iShares Russell Mid-Cap Value ETF Company 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.