M&T Bank Corp Reduces Stock Position in iShares Russell Mid-Cap Value ETF $IWS

M&T Bank Corp reduced its position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 98.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,407 shares of the company’s stock after selling 164,113 shares during the period. M&T Bank Corp’s holdings in iShares Russell Mid-Cap Value ETF were worth $481,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of IWS. Global Trust Wealth Management LLC purchased a new stake in iShares Russell Mid-Cap Value ETF in the fourth quarter worth about $1,138,000. City State Bank lifted its holdings in iShares Russell Mid-Cap Value ETF by 80.8% in the fourth quarter. City State Bank now owns 434 shares of the company’s stock worth $61,000 after buying an additional 194 shares during the period. Ticino Wealth purchased a new stake in iShares Russell Mid-Cap Value ETF in the fourth quarter worth about $6,080,000. Evergreen Capital Management LLC lifted its holdings in iShares Russell Mid-Cap Value ETF by 3.1% in the fourth quarter. Evergreen Capital Management LLC now owns 100,985 shares of the company’s stock worth $14,244,000 after buying an additional 3,043 shares during the period. Finally, Richards Merrill & Peterson Inc. lifted its holdings in iShares Russell Mid-Cap Value ETF by 392.2% in the fourth quarter. Richards Merrill & Peterson Inc. now owns 379 shares of the company’s stock worth $53,000 after buying an additional 302 shares during the period. 80.17% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Value ETF Price Performance

Shares of IWS opened at $156.38 on Friday. iShares Russell Mid-Cap Value ETF has a one year low of $123.42 and a one year high of $157.69. The company has a 50-day simple moving average of $150.26 and a two-hundred day simple moving average of $145.71. The firm has a market capitalization of $14.90 billion, a PE ratio of 19.11 and a beta of 0.96.

About iShares Russell Mid-Cap Value ETF

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.