Pacific Life Fund Advisors LLC Sells 100,047 Shares of iShares Russell Mid-Cap Value ETF $IWS

Pacific Life Fund Advisors LLC cut its holdings in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 14.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 606,826 shares of the company’s stock after selling 100,047 shares during the quarter. iShares Russell Mid-Cap Value ETF accounts for about 10.2% of Pacific Life Fund Advisors LLC’s investment portfolio, making the stock its 2nd largest holding. Pacific Life Fund Advisors LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $88,439,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Wells Fargo & Company MN lifted its position in shares of iShares Russell Mid-Cap Value ETF by 4.4% in the fourth quarter. Wells Fargo & Company MN now owns 3,917,401 shares of the company’s stock worth $552,549,000 after purchasing an additional 165,686 shares in the last quarter. Bank of America Corp DE increased its stake in iShares Russell Mid-Cap Value ETF by 0.4% in the 2nd quarter. Bank of America Corp DE now owns 3,759,738 shares of the company’s stock valued at $496,812,000 after buying an additional 16,361 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in iShares Russell Mid-Cap Value ETF by 1,160.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,565,153 shares of the company’s stock worth $502,865,000 after buying an additional 3,282,372 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its stake in shares of iShares Russell Mid-Cap Value ETF by 1.2% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 2,856,534 shares of the company’s stock valued at $402,914,000 after buying an additional 33,247 shares during the period. Finally, First Citizens Bank & Trust Co. grew its holdings in shares of iShares Russell Mid-Cap Value ETF by 1.2% during the 4th quarter. First Citizens Bank & Trust Co. now owns 2,732,375 shares of the company’s stock valued at $385,401,000 after acquiring an additional 33,376 shares in the last quarter. Hedge funds and other institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Stock Performance

NYSEARCA IWS opened at $165.43 on Monday. iShares Russell Mid-Cap Value ETF has a 1-year low of $131.46 and a 1-year high of $167.07. The firm’s fifty day simple moving average is $161.12 and its 200-day simple moving average is $153.21. The company has a market capitalization of $15.67 billion, a PE ratio of 19.11 and a beta of 0.95.

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.