MFA Wealth Advisors LLC Raises Stake in iShares Russell Mid-Cap Value ETF $IWS

MFA Wealth Advisors LLC lifted its stake in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 493.1% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 58,612 shares of the company’s stock after buying an additional 48,730 shares during the quarter. iShares Russell Mid-Cap Value ETF comprises about 1.1% of MFA Wealth Advisors LLC’s investment portfolio, making the stock its 22nd biggest position. MFA Wealth Advisors LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $9,421,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. LPL Financial LLC grew its stake in iShares Russell Mid-Cap Value ETF by 0.6% in the 4th quarter. LPL Financial LLC now owns 1,210,535 shares of the company’s stock valued at $170,746,000 after buying an additional 6,863 shares during the last quarter. Cassaday & Co Wealth Management LLC raised its holdings in iShares Russell Mid-Cap Value ETF by 1.9% in the 1st quarter. Cassaday & Co Wealth Management LLC now owns 1,023,739 shares of the company’s stock valued at $149,200,000 after acquiring an additional 18,611 shares during the period. Lido Advisors LLC lifted its position in iShares Russell Mid-Cap Value ETF by 6.9% during the first quarter. Lido Advisors LLC now owns 321,226 shares of the company’s stock worth $46,816,000 after acquiring an additional 20,686 shares during the last quarter. SVB Wealth LLC lifted its position in iShares Russell Mid-Cap Value ETF by 5.8% during the second quarter. SVB Wealth LLC now owns 276,422 shares of the company’s stock worth $45,499,000 after acquiring an additional 15,220 shares during the last quarter. Finally, Cedar Mountain Advisors LLC boosted its holdings in shares of iShares Russell Mid-Cap Value ETF by 0.7% during the fourth quarter. Cedar Mountain Advisors LLC now owns 254,035 shares of the company’s stock worth $35,832,000 after acquiring an additional 1,726 shares during the period. Institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Trading Down 1.0%

Shares of NYSEARCA:IWS traded down $1.68 during trading on Wednesday, reaching $162.78. 301,331 shares of the stock were exchanged, compared to its average volume of 464,700. iShares Russell Mid-Cap Value ETF has a 12 month low of $133.74 and a 12 month high of $173.52. The stock has a 50-day moving average price of $168.01 and a 200-day moving average price of $161.68. The firm has a market cap of $15.06 billion, a PE ratio of 19.11 and a beta of 0.96.

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.