iShares Russell Mid-Cap Value ETF $IWS is First Citizens Bank & Trust Co.’s 3rd Largest Position

First Citizens Bank & Trust Co. increased its position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 3.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,698,999 shares of the company’s stock after purchasing an additional 80,032 shares during the quarter. iShares Russell Mid-Cap Value ETF accounts for approximately 6.7% of First Citizens Bank & Trust Co.’s investment portfolio, making the stock its 3rd largest holding. First Citizens Bank & Trust Co. owned 2.71% of iShares Russell Mid-Cap Value ETF worth $376,969,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Atlantic Union Bankshares Corp purchased a new position in shares of iShares Russell Mid-Cap Value ETF during the second quarter worth $571,000. First Horizon Corp purchased a new stake in iShares Russell Mid-Cap Value ETF in the third quarter valued at $11,141,000. Lloyd Advisory Services LLC. grew its position in iShares Russell Mid-Cap Value ETF by 20.1% during the 2nd quarter. Lloyd Advisory Services LLC. now owns 3,066 shares of the company’s stock worth $405,000 after purchasing an additional 514 shares during the period. Anchor Capital Advisors LLC raised its stake in shares of iShares Russell Mid-Cap Value ETF by 10.5% during the 3rd quarter. Anchor Capital Advisors LLC now owns 214,223 shares of the company’s stock valued at $29,920,000 after buying an additional 20,298 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. acquired a new position in shares of iShares Russell Mid-Cap Value ETF in the 2nd quarter valued at about $1,312,000. Hedge funds and other institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Stock Down 0.7%

Shares of IWS opened at $147.97 on Friday. The stock’s 50-day moving average price is $142.76 and its 200-day moving average price is $139.42. The company 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.

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. 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.