Baker Ellis Asset Management LLC Acquires 3,517 Shares of iShares Russell Mid-Cap Value ETF $IWS

Baker Ellis Asset Management LLC bought a new position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) during the third quarter, HoldingsChannel reports. The institutional investor bought 3,517 shares of the company’s stock, valued at approximately $565,000.

Several other institutional investors and hedge funds have also recently modified their holdings of IWS. Allied Private Wealth LLC bought a new stake in shares of iShares Russell Mid-Cap Value ETF in the second quarter valued at about $27,000. Security National Bank of Sioux City Iowa IA purchased a new stake in iShares Russell Mid-Cap Value ETF in the second quarter worth about $28,000. Signature Resources Capital Management LLC grew its holdings in iShares Russell Mid-Cap Value ETF by 116.5% during the 1st quarter. Signature Resources Capital Management LLC now owns 171 shares of the company’s stock worth $25,000 after acquiring an additional 92 shares in the last quarter. Abound Wealth Management grew its holdings in iShares Russell Mid-Cap Value ETF by 135.3% during the 2nd quarter. Abound Wealth Management now owns 240 shares of the company’s stock worth $40,000 after acquiring an additional 138 shares in the last quarter. Finally, Horizons Wealth Management purchased a new position in iShares Russell Mid-Cap Value ETF during the 3rd quarter valued at about $45,000. Institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Stock Performance

NYSEARCA:IWS traded down $1.15 during trading hours on Wednesday, reaching $164.28. The company’s stock had a trading volume of 318,185 shares, compared to its average volume of 462,873. The stock has a 50 day moving average price of $167.60 and a two-hundred day moving average price of $162.36. The company has a market capitalization of $15.25 billion, a P/E ratio of 19.11 and a beta of 0.96. iShares Russell Mid-Cap Value ETF has a 12 month low of $133.74 and a 12 month high of $173.52.

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.