Secure Asset Management LLC Takes Position in iShares Russell Mid-Cap Value ETF $IWS

Secure Asset Management LLC acquired a new stake in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 12,884 shares of the company’s stock, valued at approximately $1,817,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. SVB Wealth LLC acquired a new position in shares of iShares Russell Mid-Cap Value ETF during the second quarter valued at $36,835,000. BNP Paribas Financial Markets increased its holdings in shares of iShares Russell Mid-Cap Value ETF by 397.2% in the 2nd quarter. BNP Paribas Financial Markets now owns 248,581 shares of the company’s stock worth $32,847,000 after acquiring an additional 198,581 shares during the period. Moran Wealth Management LLC bought a new stake in iShares Russell Mid-Cap Value ETF in the 3rd quarter valued at about $23,756,000. First Citizens Investor Services Inc. bought a new stake in iShares Russell Mid-Cap Value ETF in the 3rd quarter valued at about $19,665,000. Finally, CIBC Bancorp USA Inc. acquired a new position in iShares Russell Mid-Cap Value ETF during the 3rd quarter valued at about $18,761,000. 80.17% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Value ETF Stock Performance

NYSEARCA IWS opened at $147.44 on Monday. iShares Russell Mid-Cap Value ETF has a 52 week low of $108.85 and a 52 week high of $154.79. The stock has a market cap of $14.33 billion, a price-to-earnings ratio of 19.11 and a beta of 1.02. The company has a 50-day moving average price of $148.94 and a two-hundred day moving average price of $143.79.

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.