Clearwave Capital LLC Takes Position in iShares Russell Mid-Cap Value ETF $IWS

Clearwave Capital LLC acquired a new stake in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 9,531 shares of the company’s stock, valued at approximately $1,344,000. iShares Russell Mid-Cap Value ETF accounts for approximately 1.0% of Clearwave Capital LLC’s portfolio, making the stock its 26th biggest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC boosted its position in shares of iShares Russell Mid-Cap Value ETF by 1.0% in the fourth quarter. Sequoia Financial Advisors LLC now owns 7,758 shares of the company’s stock worth $1,094,000 after purchasing an additional 76 shares during the period. Magnus Financial Group LLC raised its position 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 valued at $365,000 after purchasing an additional 77 shares during the period. Sonata Capital Group Inc. lifted its stake in shares of iShares Russell Mid-Cap Value ETF by 0.8% during the 4th quarter. Sonata Capital Group Inc. now owns 9,276 shares of the company’s stock valued at $1,308,000 after buying an additional 77 shares in the last quarter. Heck Capital Advisors LLC lifted its stake in shares of iShares Russell Mid-Cap Value ETF by 0.8% during the 4th quarter. Heck Capital Advisors LLC now owns 10,774 shares of the company’s stock valued at $1,520,000 after buying an additional 81 shares in the last quarter. Finally, Freestone Capital Holdings LLC boosted its holdings in iShares Russell Mid-Cap Value ETF by 1.5% in the 4th quarter. Freestone Capital Holdings LLC now owns 5,677 shares of the company’s stock worth $801,000 after buying 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 Performance

NYSEARCA:IWS opened at $162.95 on Friday. The stock has a 50-day moving average price of $158.00 and a 200 day moving average price of $150.73. The stock has a market capitalization of $15.53 billion, a P/E ratio of 19.11 and a beta of 0.95. iShares Russell Mid-Cap Value ETF has a 12-month low of $128.00 and a 12-month 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.