iShares Russell Mid-Cap Value ETF $IWS Stock Sold by Stephens Group Asset Management LLC

Stephens Group Asset Management LLC trimmed its holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 4.1% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 680,980 shares of the company’s stock after selling 28,996 shares during the quarter. iShares Russell Mid-Cap Value ETF comprises approximately 6.3% of Stephens Group Asset Management LLC’s portfolio, making the stock its 5th biggest position. Stephens Group Asset Management LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $109,461,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Conning Inc. raised its holdings in shares of iShares Russell Mid-Cap Value ETF by 24.3% in the first quarter. Conning Inc. now owns 59,718 shares of the company’s stock worth $8,703,000 after acquiring an additional 11,676 shares during the last quarter. Rockefeller Capital Management L.P. boosted its position in shares of iShares Russell Mid-Cap Value ETF by 25.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 198,232 shares of the company’s stock worth $27,961,000 after acquiring an additional 39,976 shares during the last quarter. IFP Advisors Inc increased its position in iShares Russell Mid-Cap Value ETF by 22.6% during the second quarter. IFP Advisors Inc now owns 17,965 shares of the company’s stock worth $2,957,000 after purchasing an additional 3,306 shares during the last quarter. SB Capital Management Inc purchased a new position in iShares Russell Mid-Cap Value ETF during the fourth quarter worth approximately $1,045,000. Finally, Montgomery Financial Services LLC acquired a new position in shares of iShares Russell Mid-Cap Value ETF in the 2nd quarter valued at $6,523,000. 80.17% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Value ETF Stock Up 0.5%

Shares of NYSEARCA IWS traded up $0.86 during trading on Friday, hitting $164.75. 282,177 shares of the company traded hands, compared to its average volume of 463,606. The firm has a market capitalization of $15.24 billion, a P/E ratio of 19.11 and a beta of 0.96. The company has a 50-day moving average price of $167.84 and a 200-day moving average price of $161.95. iShares Russell Mid-Cap Value ETF has a 1 year low of $133.74 and a 1 year high of $173.52.

iShares Russell Mid-Cap Value ETF 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.