Wealth Enhancement Advisory Services LLC Cuts Stake in iShares Russell Mid-Cap Value ETF $IWS

Wealth Enhancement Advisory Services LLC lessened its stake in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 4.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 87,657 shares of the company’s stock after selling 4,211 shares during the period. Wealth Enhancement Advisory Services LLC owned 0.09% of iShares Russell Mid-Cap Value ETF worth $12,261,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Clearstead Trust LLC purchased a new position in shares of iShares Russell Mid-Cap Value ETF in the second quarter valued at approximately $25,000. Clean Yield Group acquired a new position in iShares Russell Mid-Cap Value ETF in the 3rd quarter valued at $25,000. Westside Investment Management Inc. raised its stake in iShares Russell Mid-Cap Value ETF by 108.3% in the 2nd quarter. Westside Investment Management Inc. now owns 200 shares of the company’s stock valued at $27,000 after purchasing an additional 104 shares during the last quarter. Financial Consulate Inc. purchased a new position in iShares Russell Mid-Cap Value ETF in the 3rd quarter valued at $29,000. Finally, Trust Co. of Toledo NA OH acquired a new stake in iShares Russell Mid-Cap Value ETF during the 2nd quarter worth $33,000. 80.17% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Value ETF Stock Down 0.7%

iShares Russell Mid-Cap Value ETF stock opened at $147.97 on Friday. The company has a fifty day simple moving average of $142.76 and a 200-day simple moving average of $139.39. The firm has a market capitalization of $14.79 billion, a price-to-earnings ratio of 19.11 and a beta of 1.02. iShares Russell Mid-Cap Value ETF has a 52-week low of $108.85 and a 52-week high of $150.03.

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.