iShares Russell Mid-Cap Value ETF $IWS is Cassaday & Co Wealth Management LLC’s 8th Largest Position

Cassaday & Co Wealth Management LLC grew its position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 1.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,023,739 shares of the company’s stock after acquiring an additional 18,611 shares during the quarter. iShares Russell Mid-Cap Value ETF comprises approximately 3.2% of Cassaday & Co Wealth Management LLC’s portfolio, making the stock its 8th biggest position. Cassaday & Co Wealth Management LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $149,200,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. MWA Asset Management raised its position in iShares Russell Mid-Cap Value ETF by 2.3% in the 1st quarter. MWA Asset Management now owns 11,282 shares of the company’s stock valued at $1,644,000 after purchasing an additional 259 shares during the last quarter. Johnson Financial Group Inc. grew its position in iShares Russell Mid-Cap Value ETF by 16.2% during the 1st quarter. Johnson Financial Group Inc. now owns 7,411 shares of the company’s stock worth $1,080,000 after purchasing an additional 1,034 shares during the last quarter. Legacy Wealth Managment LLC ID grew its position in iShares Russell Mid-Cap Value ETF by 29.3% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 591 shares of the company’s stock worth $86,000 after purchasing an additional 134 shares during the last quarter. Next Capital Management LLC grew its position in iShares Russell Mid-Cap Value ETF by 65.3% during the 1st quarter. Next Capital Management LLC now owns 3,712 shares of the company’s stock worth $541,000 after purchasing an additional 1,466 shares during the last quarter. Finally, FSA Advisors Inc. acquired a new position in iShares Russell Mid-Cap Value ETF in the first quarter valued at $280,000. 80.17% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Value ETF Stock Performance

Shares of NYSEARCA:IWS opened at $165.01 on Tuesday. The company has a 50-day simple moving average of $162.08 and a 200-day simple moving average of $154.19. iShares Russell Mid-Cap Value ETF has a one year low of $131.46 and a one year high of $168.14. The stock has a market capitalization of $15.56 billion, a price-to-earnings ratio of 19.11 and a beta of 0.95.

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.