Northwestern Mutual Wealth Management Co. Sells 46,005 Shares of iShares Russell Mid-Cap Value ETF $IWS

Northwestern Mutual Wealth Management Co. lowered its position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 16.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 236,776 shares of the company’s stock after selling 46,005 shares during the period. Northwestern Mutual Wealth Management Co. owned 0.24% of iShares Russell Mid-Cap Value ETF worth $33,397,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Kohmann Bosshard Financial Services LLC bought a new position in iShares Russell Mid-Cap Value ETF in the fourth quarter worth approximately $28,000. Triumph Capital Management bought a new position in iShares Russell Mid-Cap Value ETF in the third quarter worth approximately $29,000. Center for Financial Planning Inc. raised its holdings in shares of iShares Russell Mid-Cap Value ETF by 113.8% in the 3rd quarter. Center for Financial Planning Inc. now owns 248 shares of the company’s stock worth $35,000 after acquiring an additional 132 shares during the last quarter. Investment Counsel Co. of Nevada acquired a new stake in shares of iShares Russell Mid-Cap Value ETF in the 3rd quarter worth about $35,000. Finally, Laurel Wealth Advisors LLC acquired a new stake in shares of iShares Russell Mid-Cap Value ETF in the 4th quarter worth about $35,000. Institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Price Performance

IWS opened at $160.34 on Friday. iShares Russell Mid-Cap Value ETF has a fifty-two week low of $126.48 and a fifty-two week high of $160.93. The firm has a market capitalization of $15.28 billion, a PE ratio of 19.11 and a beta of 0.96. The company’s 50-day moving average is $153.30 and its 200 day moving average is $148.28.

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.