MV Capital Management Inc. Acquires New Position in iShares Russell Mid-Cap Value ETF $IWS

MV Capital Management Inc. bought a new position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 8,814 shares of the company’s stock, valued at approximately $1,243,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sequoia Financial Advisors LLC raised its holdings in iShares Russell Mid-Cap Value ETF by 1.0% in the 4th quarter. Sequoia Financial Advisors LLC now owns 7,758 shares of the company’s stock valued at $1,094,000 after acquiring an additional 76 shares during the last quarter. Magnus Financial Group LLC lifted its stake in shares of iShares Russell Mid-Cap Value ETF by 3.1% during the 4th quarter. Magnus Financial Group LLC now owns 2,589 shares of the company’s stock worth $365,000 after purchasing an additional 77 shares during the period. Sonata Capital Group Inc. boosted its holdings in shares of iShares Russell Mid-Cap Value ETF by 0.8% during the fourth quarter. Sonata Capital Group Inc. now owns 9,276 shares of the company’s stock worth $1,308,000 after purchasing an additional 77 shares during the last quarter. Heck Capital Advisors LLC boosted its holdings in shares of iShares Russell Mid-Cap Value ETF by 0.8% during the fourth quarter. Heck Capital Advisors LLC now owns 10,774 shares of the company’s stock worth $1,520,000 after purchasing an additional 81 shares during the last quarter. Finally, Freestone Capital Holdings LLC grew its position in shares of iShares Russell Mid-Cap Value ETF by 1.5% in the fourth quarter. Freestone Capital Holdings LLC now owns 5,677 shares of the company’s stock valued at $801,000 after purchasing an additional 84 shares during the period. 80.17% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Value ETF Stock Up 0.9%

Shares of NYSEARCA:IWS opened at $162.95 on Friday. The company has a market cap of $15.53 billion, a P/E ratio of 19.11 and a beta of 0.95. The business has a fifty day simple moving average of $157.78 and a 200-day simple moving average of $150.65. iShares Russell Mid-Cap Value ETF has a 52 week low of $128.00 and a 52 week high of $165.60.

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.