M&T Bank Corp Reduces Stake in iShares Russell Mid-Cap Value ETF $IWS

M&T Bank Corp reduced its stake in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 5.4% during the 4th quarter, Holdings Channel.com reports. The fund owned 158,476 shares of the company’s stock after selling 9,044 shares during the quarter. M&T Bank Corp’s holdings in iShares Russell Mid-Cap Value ETF were worth $22,353,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Cassaday & Co Wealth Management LLC lifted its position in iShares Russell Mid-Cap Value ETF by 1.6% during the third quarter. Cassaday & Co Wealth Management LLC now owns 992,566 shares of the company’s stock valued at $138,632,000 after buying an additional 15,603 shares during the period. First Citizens Bank & Trust Co. grew its position in shares of iShares Russell Mid-Cap Value ETF by 3.1% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 2,698,999 shares of the company’s stock worth $376,969,000 after buying an additional 80,032 shares during the period. First Horizon Corp bought a new position in shares of iShares Russell Mid-Cap Value ETF in the 3rd quarter worth about $11,141,000. Anchor Capital Advisors LLC increased its stake in shares of iShares Russell Mid-Cap Value ETF by 10.5% in the 3rd quarter. Anchor Capital Advisors LLC now owns 214,223 shares of the company’s stock worth $29,920,000 after acquiring an additional 20,298 shares in the last quarter. Finally, Assetmark Inc. lifted its position in iShares Russell Mid-Cap Value ETF by 1,496.5% during the 3rd quarter. Assetmark Inc. now owns 98,487 shares of the company’s stock valued at $13,756,000 after acquiring an additional 92,318 shares during the period. Institutional investors and hedge funds own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Price Performance

NYSEARCA:IWS opened at $155.95 on Tuesday. The firm has a market capitalization of $14.86 billion, a P/E ratio of 19.11 and a beta of 0.96. iShares Russell Mid-Cap Value ETF has a one year low of $123.42 and a one year high of $157.69. The company’s 50-day simple moving average is $150.26 and its 200 day simple moving average is $145.76.

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.