Evanson Financial LLC Invests $609,000 in iShares Russell Mid-Cap Value ETF $IWS

Evanson Financial LLC purchased a new stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the second quarter, according to its most recent filing with the SEC. The fund purchased 3,700 shares of the company’s stock, valued at approximately $609,000.

Several other institutional investors and hedge funds have also made changes to their positions in IWS. Rehmann Capital Advisory Group boosted its stake in iShares Russell Mid-Cap Value ETF by 0.6% in the 4th quarter. Rehmann Capital Advisory Group now owns 12,277 shares of the company’s stock worth $1,732,000 after purchasing an additional 72 shares during the period. GAMMA Investing LLC lifted its holdings in shares of iShares Russell Mid-Cap Value ETF by 7.5% in the second quarter. GAMMA Investing LLC now owns 1,077 shares of the company’s stock valued at $177,000 after purchasing an additional 75 shares in the last quarter. Sequoia Financial Advisors LLC boosted its position in shares of iShares Russell Mid-Cap Value ETF by 1.0% in the fourth quarter. Sequoia Financial Advisors LLC now owns 7,758 shares of the company’s stock worth $1,094,000 after buying an additional 76 shares during the period. Sonata Capital Group Inc. boosted its position in shares of iShares Russell Mid-Cap Value ETF by 0.8% in the fourth quarter. Sonata Capital Group Inc. now owns 9,276 shares of the company’s stock worth $1,308,000 after buying an additional 77 shares during the period. Finally, Johnson Financial Group Inc. grew its holdings in shares of iShares Russell Mid-Cap Value ETF by 1.3% during the third quarter. Johnson Financial Group Inc. now owns 6,615 shares of the company’s stock valued at $924,000 after buying an additional 84 shares in the last quarter. 80.17% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Value ETF Trading Up 0.8%

NYSEARCA:IWS opened at $171.20 on Friday. The firm has a market capitalization of $15.96 billion, a price-to-earnings ratio of 19.11 and a beta of 0.95. iShares Russell Mid-Cap Value ETF has a 1-year low of $133.17 and a 1-year high of $171.67. The business’s fifty day moving average price is $164.93 and its 200 day moving average price is $156.34.

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.