Moran Wealth Management LLC Invests $23.76 Million in iShares Russell Mid-Cap Value ETF $IWS

Moran Wealth Management LLC bought a new stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 170,086 shares of the company’s stock, valued at approximately $23,756,000. Moran Wealth Management LLC owned approximately 0.17% of iShares Russell Mid-Cap Value ETF at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp increased its stake in shares of iShares Russell Mid-Cap Value ETF by 7.9% during the 1st quarter. Jones Financial Companies Lllp now owns 10,056,638 shares of the company’s stock worth $1,258,208,000 after purchasing an additional 736,389 shares during the last quarter. Bank of America Corp DE grew its holdings in iShares Russell Mid-Cap Value ETF by 0.4% during the second quarter. Bank of America Corp DE now owns 3,759,738 shares of the company’s stock worth $496,812,000 after purchasing an additional 16,361 shares during the period. TIAA Trust National Association increased its position in iShares Russell Mid-Cap Value ETF by 0.3% during the second quarter. TIAA Trust National Association now owns 3,393,013 shares of the company’s stock worth $448,338,000 after buying an additional 11,380 shares during the last quarter. Ameriprise Financial Inc. raised its stake in iShares Russell Mid-Cap Value ETF by 3.4% in the second quarter. Ameriprise Financial Inc. now owns 1,128,123 shares of the company’s stock valued at $149,477,000 after buying an additional 36,938 shares during the period. Finally, Cassaday & Co Wealth Management LLC lifted its position in shares of iShares Russell Mid-Cap Value ETF by 0.5% in the second quarter. Cassaday & Co Wealth Management LLC now owns 976,963 shares of the company’s stock valued at $129,096,000 after buying an additional 4,749 shares during the last quarter. Institutional investors and hedge funds own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Trading Down 1.1%

IWS stock opened at $144.57 on Thursday. The firm has a market capitalization of $14.70 billion, a PE ratio of 19.11 and a beta of 1.02. iShares Russell Mid-Cap Value ETF has a 1-year low of $108.85 and a 1-year high of $146.41. The business’s 50 day simple moving average is $140.53 and its 200 day simple moving average is $138.17.

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.