JPMorgan Chase & Co. Buys 54,526 Shares of iShares Russell Mid-Cap Value ETF $IWS

JPMorgan Chase & Co. boosted its stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 8.0% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 732,105 shares of the company’s stock after purchasing an additional 54,526 shares during the quarter. JPMorgan Chase & Co. owned about 0.73% of iShares Russell Mid-Cap Value ETF worth $102,253,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Investment Partners LTD. lifted its position in shares of iShares Russell Mid-Cap Value ETF by 1.8% in the third quarter. Investment Partners LTD. now owns 38,318 shares of the company’s stock worth $5,352,000 after buying an additional 679 shares in the last quarter. Assetmark Inc. increased its stake in iShares Russell Mid-Cap Value ETF by 1,496.5% in the 3rd quarter. Assetmark Inc. now owns 98,487 shares of the company’s stock worth $13,756,000 after acquiring an additional 92,318 shares during the last quarter. PFG Private Wealth Management LLC purchased a new stake in shares of iShares Russell Mid-Cap Value ETF during the 3rd quarter worth approximately $359,000. Savvy Advisors Inc. boosted its position in shares of iShares Russell Mid-Cap Value ETF by 128.5% during the 3rd quarter. Savvy Advisors Inc. now owns 4,909 shares of the company’s stock valued at $686,000 after acquiring an additional 2,761 shares during the last quarter. Finally, Allegheny Financial Group grew its holdings in shares of iShares Russell Mid-Cap Value ETF by 13.5% in the third quarter. Allegheny Financial Group now owns 10,110 shares of the company’s stock valued at $1,412,000 after purchasing an additional 1,206 shares in the last quarter. Hedge funds and other institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Stock Up 0.7%

iShares Russell Mid-Cap Value ETF stock opened at $153.66 on Monday. iShares Russell Mid-Cap Value ETF has a 52-week low of $108.85 and a 52-week high of $154.26. The firm’s fifty day moving average is $146.98 and its 200 day moving average is $141.60. The company has a market cap of $15.28 billion, a price-to-earnings ratio of 19.11 and a beta of 1.02.

iShares Russell Mid-Cap Value ETF Company 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.