iShares Russell Mid-Cap Value ETF $IWS Stock: SVB Wealth LLC Decreases Stake

SVB Wealth LLC trimmed its position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 10.0% during the 3rd quarter, Holdings Channel reports. The firm owned 248,766 shares of the company’s stock after selling 27,656 shares during the period. iShares Russell Mid-Cap Value ETF comprises 2.7% of SVB Wealth LLC’s investment portfolio, making the stock its 7th biggest position. SVB Wealth LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $39,987,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of IWS. Russell Investments Group Ltd. increased its stake in iShares Russell Mid-Cap Value ETF by 253.4% in the 3rd quarter. Russell Investments Group Ltd. now owns 12,208 shares of the company’s stock worth $1,962,000 after buying an additional 8,754 shares in the last quarter. CENTRAL TRUST Co bought a new stake in iShares Russell Mid-Cap Value ETF during the third quarter valued at about $885,000. Granville Capital Inc. purchased a new position in shares of iShares Russell Mid-Cap Value ETF in the third quarter valued at about $1,559,000. Joel Isaacson & Co. LLC purchased a new position in shares of iShares Russell Mid-Cap Value ETF in the third quarter valued at about $413,000. Finally, Jacobi Capital Management LLC purchased a new position in shares of iShares Russell Mid-Cap Value ETF in the third quarter valued at about $127,000. Hedge funds and other institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Stock Down 1.1%

NYSEARCA IWS opened at $171.50 on Friday. The firm has a market cap of $15.01 billion, a price-to-earnings ratio of 18.85 and a beta of 0.95. The business has a 50-day moving average price of $166.77 and a 200-day moving average price of $160.52. iShares Russell Mid-Cap Value ETF has a twelve month low of $133.74 and a twelve month high of $174.42.

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.