LPL Financial LLC Has $170.75 Million Stock Position in iShares Russell Mid-Cap Value ETF $IWS

LPL Financial LLC raised its stake in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 0.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,210,535 shares of the company’s stock after purchasing an additional 6,863 shares during the quarter. LPL Financial LLC owned 1.22% of iShares Russell Mid-Cap Value ETF worth $170,746,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its stake in shares of iShares Russell Mid-Cap Value ETF by 0.4% in the second quarter. Bank of America Corp DE now owns 3,759,738 shares of the company’s stock valued at $496,812,000 after acquiring an additional 16,361 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in iShares Russell Mid-Cap Value ETF by 1,160.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,565,153 shares of the company’s stock worth $502,865,000 after acquiring an additional 3,282,372 shares during the period. TIAA Trust National Association grew its holdings in iShares Russell Mid-Cap Value ETF by 1.0% during the 3rd quarter. TIAA Trust National Association now owns 3,427,479 shares of the company’s stock worth $478,709,000 after acquiring an additional 34,466 shares during the period. Envestnet Portfolio Solutions Inc. grew its holdings in iShares Russell Mid-Cap Value ETF by 1.2% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 2,856,534 shares of the company’s stock worth $402,914,000 after acquiring an additional 33,247 shares during the period. Finally, Ameriprise Financial Inc. grew its holdings in iShares Russell Mid-Cap Value ETF by 3.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,128,123 shares of the company’s stock worth $149,477,000 after acquiring an additional 36,938 shares during the period. 80.17% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Value ETF Stock Performance

IWS opened at $158.55 on Thursday. The company has a fifty day moving average price of $155.89 and a two-hundred day moving average price of $149.65. iShares Russell Mid-Cap Value ETF has a 52 week low of $128.00 and a 52 week high of $162.64. The firm has a market capitalization of $15.11 billion, a PE ratio of 19.11 and a beta of 0.95.

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.