iShares Russell Mid-Cap Value ETF $IWS Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lowered its stake in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 2.2% in the third quarter, Holdings Channel reports. The institutional investor owned 1,312,650 shares of the company’s stock after selling 29,202 shares during the quarter. PNC Financial Services Group Inc.’s holdings in iShares Russell Mid-Cap Value ETF were worth $183,338,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the stock. Clean Yield Group bought a new stake in shares of iShares Russell Mid-Cap Value ETF in the 3rd quarter worth about $25,000. Clearstead Trust LLC bought a new stake in iShares Russell Mid-Cap Value ETF in the second quarter valued at about $25,000. Westside Investment Management Inc. increased its holdings in iShares Russell Mid-Cap Value ETF by 108.3% in the second quarter. Westside Investment Management Inc. now owns 200 shares of the company’s stock valued at $27,000 after buying an additional 104 shares during the last quarter. Financial Consulate Inc. acquired a new stake in iShares Russell Mid-Cap Value ETF during the third quarter valued at approximately $29,000. Finally, Rossmore Private Capital acquired a new position in shares of iShares Russell Mid-Cap Value ETF in the 3rd quarter worth approximately $29,000. 80.17% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Value ETF Trading Up 1.2%

IWS stock opened at $152.27 on Monday. The stock’s 50 day simple moving average is $145.98 and its 200 day simple moving average is $140.95. iShares Russell Mid-Cap Value ETF has a 12-month low of $108.85 and a 12-month high of $154.26. The firm has a market cap of $15.14 billion, a P/E ratio of 19.11 and a beta of 1.02.

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.