Assetmark Inc. Has $13.76 Million Stock Position in iShares Russell Mid-Cap Value ETF $IWS

Assetmark Inc. boosted its holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 1,496.5% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 98,487 shares of the company’s stock after purchasing an additional 92,318 shares during the quarter. Assetmark Inc. owned about 0.10% of iShares Russell Mid-Cap Value ETF worth $13,756,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of IWS. SVB Wealth LLC bought a new stake in shares of iShares Russell Mid-Cap Value ETF in the 2nd quarter valued at $36,835,000. Pacific Life Fund Advisors LLC grew its holdings in iShares Russell Mid-Cap Value ETF by 57.8% in the second quarter. Pacific Life Fund Advisors LLC now owns 630,104 shares of the company’s stock worth $83,262,000 after purchasing an additional 230,878 shares during the period. BNP Paribas Financial Markets increased its stake in iShares Russell Mid-Cap Value ETF by 397.2% in the second quarter. BNP Paribas Financial Markets now owns 248,581 shares of the company’s stock valued at $32,847,000 after purchasing an additional 198,581 shares in the last quarter. Moran Wealth Management LLC acquired a new position in shares of iShares Russell Mid-Cap Value ETF during the third quarter valued at about $23,756,000. Finally, First Citizens Investor Services Inc. acquired a new position in shares of iShares Russell Mid-Cap Value ETF during the third quarter valued at about $19,665,000. 80.17% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Value ETF Price Performance

Shares of IWS opened at $152.27 on Monday. The stock has a 50-day moving average of $145.98 and a 200-day moving average of $140.95. The company has a market cap of $15.14 billion, a PE ratio of 19.11 and a beta of 1.02. iShares Russell Mid-Cap Value ETF has a one year low of $108.85 and a one year high of $154.26.

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.