Asempa Wealth Advisors Makes New Investment in iShares Russell Mid-Cap Value ETF $IWS

Asempa Wealth Advisors acquired a new stake in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 8,512 shares of the company’s stock, valued at approximately $1,201,000. iShares Russell Mid-Cap Value ETF makes up 1.0% of Asempa Wealth Advisors’ investment portfolio, making the stock its 29th biggest position.

Other large investors also recently modified their holdings of the company. Clean Yield Group bought a new stake in shares of iShares Russell Mid-Cap Value ETF in the 3rd quarter worth about $25,000. Financial Consulate Inc. acquired a new stake in shares of iShares Russell Mid-Cap Value ETF during the 3rd quarter worth about $29,000. Rossmore Private Capital bought a new position in iShares Russell Mid-Cap Value ETF during the 3rd quarter valued at about $29,000. Triumph Capital Management acquired a new position in iShares Russell Mid-Cap Value ETF in the third quarter valued at about $29,000. Finally, Center for Financial Planning Inc. boosted its position in iShares Russell Mid-Cap Value ETF by 113.8% in the third quarter. Center for Financial Planning Inc. now owns 248 shares of the company’s stock valued at $35,000 after buying an additional 132 shares in the last quarter. 80.17% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Value ETF Trading Down 1.9%

Shares of iShares Russell Mid-Cap Value ETF stock opened at $142.59 on Monday. The stock has a market capitalization of $14.18 billion, a price-to-earnings ratio of 19.11 and a beta of 1.02. The firm’s 50-day moving average price is $149.43 and its two-hundred day moving average price is $143.34. iShares Russell Mid-Cap Value ETF has a 1-year low of $108.85 and a 1-year high of $154.79.

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.