iShares Russell Mid-Cap Value ETF $IWS Shares Newly Purchased by NORTHSTAR ASSET MANAGEMENT Co

NORTHSTAR ASSET MANAGEMENT Co bought a new position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the third quarter, Holdings Channel reports. The institutional investor bought 4,953 shares of the company’s stock, valued at approximately $833,000.

Other institutional investors have also recently added to or reduced their stakes in the company. First Citizens Bank & Trust Co. bought a new stake in iShares Russell Mid-Cap Value ETF during the third quarter worth about $297,622,000. Fifth Third Securities Inc. acquired a new stake in shares of iShares Russell Mid-Cap Value ETF during the third quarter worth approximately $17,895,000. Hsbc Holdings PLC acquired a new stake in shares of iShares Russell Mid-Cap Value ETF during the fourth quarter worth approximately $15,226,000. Fifth Third Bancorp increased its holdings in shares of iShares Russell Mid-Cap Value ETF by 71.3% during the first quarter. Fifth Third Bancorp now owns 203,918 shares of the company’s stock worth $29,719,000 after buying an additional 84,906 shares in the last quarter. Finally, Sentinel Advisory Group LLC bought a new position in shares of iShares Russell Mid-Cap Value ETF in the first quarter valued at approximately $9,521,000. 80.17% of the stock is owned by institutional investors.

iShares Russell Mid-Cap Value ETF Price Performance

Shares of NYSEARCA:IWS traded down $0.78 during trading on Friday, reaching $168.43. The stock had a trading volume of 434,033 shares, compared to its average volume of 458,958. iShares Russell Mid-Cap Value ETF has a 52 week low of $133.74 and a 52 week high of $173.52. The business’s 50-day moving average price is $166.86 and its 200 day moving average price is $163.45. The stock has a market capitalization of $15.64 billion, a PE ratio of 19.11 and a beta of 0.96.

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.