Betterment LLC Reduces Stock Position in iShares Russell Mid-Cap Value ETF $IWS

Betterment LLC trimmed its holdings in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 2.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,594,763 shares of the company’s stock after selling 44,847 shares during the quarter. Betterment LLC owned 1.60% of iShares Russell Mid-Cap Value ETF worth $222,741,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in IWS. Clearstead Trust LLC bought a new stake in iShares Russell Mid-Cap Value ETF during the second quarter worth approximately $25,000. Clean Yield Group purchased a new stake in iShares Russell Mid-Cap Value ETF during the third quarter valued at approximately $25,000. Financial Consulate Inc. bought a new stake in shares of iShares Russell Mid-Cap Value ETF in the 3rd quarter valued at approximately $29,000. Rossmore Private Capital purchased a new position in shares of iShares Russell Mid-Cap Value ETF in the 3rd quarter worth approximately $29,000. Finally, Howe & Rusling Inc. boosted its holdings in shares of iShares Russell Mid-Cap Value ETF by 1,180.0% in the 2nd quarter. Howe & Rusling Inc. now owns 256 shares of the company’s stock worth $34,000 after purchasing an additional 236 shares during the period. Institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Stock Performance

NYSEARCA IWS opened at $145.01 on Friday. The business’s 50 day moving average price is $149.42 and its 200-day moving average price is $142.98. iShares Russell Mid-Cap Value ETF has a fifty-two week low of $108.85 and a fifty-two week high of $154.79. The company has a market cap of $14.42 billion, a P/E ratio of 19.11 and a beta of 1.02.

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.