AMG National Trust Bank Sells 3,992 Shares of iShares Russell Mid-Cap Value ETF $IWS

AMG National Trust Bank trimmed its holdings in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 1.2% in the first quarter, HoldingsChannel reports. The firm owned 315,369 shares of the company’s stock after selling 3,992 shares during the period. iShares Russell Mid-Cap Value ETF makes up 1.0% of AMG National Trust Bank’s portfolio, making the stock its 24th biggest position. AMG National Trust Bank’s holdings in iShares Russell Mid-Cap Value ETF were worth $45,962,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in IWS. Wells Fargo & Company MN raised its stake in shares of iShares Russell Mid-Cap Value ETF by 4.4% in the fourth quarter. Wells Fargo & Company MN now owns 3,917,401 shares of the company’s stock worth $552,549,000 after acquiring an additional 165,686 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of iShares Russell Mid-Cap Value ETF by 0.4% in the second quarter. Bank of America Corp DE now owns 3,759,738 shares of the company’s stock valued at $496,812,000 after purchasing an additional 16,361 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares Russell Mid-Cap Value ETF by 1,160.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,565,153 shares of the company’s stock valued at $502,865,000 after acquiring an additional 3,282,372 shares during the period. Envestnet Portfolio Solutions Inc. lifted its stake in shares of iShares Russell Mid-Cap Value ETF by 1.2% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,856,534 shares of the company’s stock valued at $402,914,000 after acquiring an additional 33,247 shares during the period. Finally, First Citizens Bank & Trust Co. boosted its holdings in iShares Russell Mid-Cap Value ETF by 1.2% in the fourth quarter. First Citizens Bank & Trust Co. now owns 2,732,375 shares of the company’s stock valued at $385,401,000 after acquiring an additional 33,376 shares during the last quarter. 80.17% of the stock is owned by institutional investors.

iShares Russell Mid-Cap Value ETF Stock Up 0.2%

Shares of IWS stock opened at $165.70 on Tuesday. The firm has a market cap of $15.70 billion, a price-to-earnings ratio of 19.11 and a beta of 0.95. The stock has a 50-day moving average price of $161.30 and a 200 day moving average price of $153.38. iShares Russell Mid-Cap Value ETF has a 12 month low of $131.46 and a 12 month high of $167.07.

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.