42,200 Shares in iShares Russell Mid-Cap Value ETF $IWS Bought by Sowell Financial Services LLC

Sowell Financial Services LLC bought a new stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund bought 42,200 shares of the company’s stock, valued at approximately $6,783,000.

A number of other hedge funds also recently bought and sold shares of IWS. Signature Resources Capital Management LLC boosted its holdings in shares of iShares Russell Mid-Cap Value ETF by 116.5% in the 1st quarter. Signature Resources Capital Management LLC now owns 171 shares of the company’s stock valued at $25,000 after buying an additional 92 shares in the last quarter. Allied Private Wealth LLC acquired a new stake in shares of iShares Russell Mid-Cap Value ETF during the second quarter worth $27,000. Security National Bank of Sioux City Iowa IA acquired a new stake in shares of iShares Russell Mid-Cap Value ETF in the 2nd quarter worth $28,000. Pension & Wealth Management Advisors Inc. acquired a new stake in iShares Russell Mid-Cap Value ETF in the third quarter valued at $32,000. Finally, Abound Wealth Management boosted its holdings in iShares Russell Mid-Cap Value ETF by 135.3% during the second quarter. Abound Wealth Management now owns 240 shares of the company’s stock worth $40,000 after buying an additional 138 shares in the last quarter. Institutional investors and hedge funds own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Stock Performance

iShares Russell Mid-Cap Value ETF stock opened at $167.48 on Wednesday. The stock’s fifty day moving average is $167.11 and its two-hundred day moving average is $163.11. iShares Russell Mid-Cap Value ETF has a fifty-two week low of $133.74 and a fifty-two week high of $173.52. The firm has a market capitalization of $15.55 billion, a price-to-earnings ratio of 19.11 and a beta of 0.96.

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.