Manchester Capital Management LLC Purchases New Stake in iShares Russell Mid-Cap Value ETF $IWS

Manchester Capital Management LLC acquired a new stake in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 3,931 shares of the company’s stock, valued at approximately $632,000.

A number of other institutional investors have also added to or reduced their stakes in IWS. First Citizens Bank & Trust Co. bought a new stake in shares of iShares Russell Mid-Cap Value ETF during the third quarter valued at approximately $297,622,000. Fifth Third Securities Inc. purchased a new position in iShares Russell Mid-Cap Value ETF in the third quarter worth about $17,895,000. Hsbc Holdings PLC purchased a new position in iShares Russell Mid-Cap Value ETF in the fourth quarter worth about $15,226,000. Fifth Third Bancorp increased its stake in iShares Russell Mid-Cap Value ETF by 71.3% during the first 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 last quarter. Finally, Sentinel Advisory Group LLC bought a new stake in iShares Russell Mid-Cap Value ETF during the first quarter worth approximately $9,521,000. 80.17% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Value ETF Trading Down 0.5%

Shares of NYSEARCA IWS traded down $0.78 during trading hours on Friday, hitting $168.43. 434,033 shares of the company traded hands, compared to its average volume of 458,958. The stock has a market capitalization of $15.64 billion, a price-to-earnings ratio of 19.11 and a beta of 0.96. The company’s 50 day moving average price is $166.86 and its 200 day moving average price is $163.45. iShares Russell Mid-Cap Value ETF has a 12 month low of $133.74 and a 12 month high of $173.52.

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.