iShares Russell Mid-Cap Value ETF $IWS Shares Newly Bought by Goelzer Investment Management Inc.

Goelzer Investment Management Inc. bought a new stake in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the third quarter, Holdings Channel.com reports. The firm bought 13,936 shares of the company’s stock, valued at approximately $2,240,000.

Several other hedge funds and other institutional investors have also made changes to their positions in IWS. Annex Advisory Services LLC acquired a new stake in shares of iShares Russell Mid-Cap Value ETF in the 3rd quarter worth approximately $683,000. Legacy Wealth Partners LLC increased its position in iShares Russell Mid-Cap Value ETF by 2.4% during the third quarter. Legacy Wealth Partners LLC now owns 2,838 shares of the company’s stock worth $456,000 after buying an additional 67 shares during the last quarter. Neumann Capital Management LLC bought a new stake in shares of iShares Russell Mid-Cap Value ETF during the 3rd quarter worth about $257,000. First Merchants Corp acquired a new position in iShares Russell Mid-Cap Value ETF during the 3rd quarter worth $6,261,000. Finally, AdvisorNet Financial Inc acquired a new position in iShares Russell Mid-Cap Value ETF during the 3rd quarter valued at $596,000. 80.17% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Value ETF Stock Performance

Shares of IWS opened at $165.88 on Friday. iShares Russell Mid-Cap Value ETF has a 52 week low of $133.74 and a 52 week high of $173.52. The firm has a market capitalization of $15.40 billion, a P/E ratio of 19.11 and a beta of 0.96. The company has a 50-day simple moving average of $167.31 and a 200-day simple moving average of $162.69.

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.