Fifth Third Securities Inc. Buys New Stake in iShares Russell Mid-Cap Value ETF $IWS

Fifth Third Securities Inc. purchased a new stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 111,331 shares of the company’s stock, valued at approximately $17,895,000. iShares Russell Mid-Cap Value ETF makes up 0.9% of Fifth Third Securities Inc.’s holdings, making the stock its 24th largest holding.

Other large investors have also bought and sold shares of the company. First Citizens Bank & Trust Co. acquired a new position in iShares Russell Mid-Cap Value ETF during the 3rd quarter worth about $297,622,000. Hsbc Holdings PLC bought a new position in shares of iShares Russell Mid-Cap Value ETF in the 4th quarter valued at about $15,226,000. Fifth Third Bancorp grew its holdings in iShares Russell Mid-Cap Value ETF by 71.3% during the 1st quarter. Fifth Third Bancorp now owns 203,918 shares of the company’s stock worth $29,719,000 after acquiring an additional 84,906 shares during the period. Sentinel Advisory Group LLC bought a new position in shares of iShares Russell Mid-Cap Value ETF in the 1st quarter worth $9,521,000. Finally, Inspirion Wealth Advisors LLC acquired a new stake in shares of iShares Russell Mid-Cap Value ETF during the third quarter worth $8,484,000. 80.17% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Value ETF Stock Performance

IWS traded up $0.76 during midday trading on Wednesday, reaching $168.24. 133,141 shares of the company were exchanged, compared to its average volume of 458,778. The stock has a market capitalization of $15.62 billion, a P/E ratio of 19.11 and a beta of 0.96. The stock’s 50-day simple moving average is $167.11 and its 200 day simple moving average is $163.11. iShares Russell Mid-Cap Value ETF has a one year low of $133.74 and a one year high of $173.52.

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.