Brighton Jones LLC Purchases New Position in iShares Russell Mid-Cap Value ETF $IWS

Brighton Jones LLC acquired a new stake in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) during the third quarter, HoldingsChannel reports. The fund acquired 19,183 shares of the company’s stock, valued at approximately $3,083,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IWS. First Citizens Bank & Trust Co. purchased a new position in iShares Russell Mid-Cap Value ETF during the third quarter valued at approximately $297,622,000. Commonwealth Equity Services LLC bought a new position in iShares Russell Mid-Cap Value ETF in the third quarter worth approximately $272,601,000. Cassaday & Co Wealth Management LLC lifted its holdings in iShares Russell Mid-Cap Value ETF by 1.9% during the first quarter. Cassaday & Co Wealth Management LLC now owns 1,023,739 shares of the company’s stock worth $149,200,000 after buying an additional 18,611 shares during the period. Lido Advisors LLC lifted its holdings in iShares Russell Mid-Cap Value ETF by 6.9% during the first quarter. Lido Advisors LLC now owns 321,226 shares of the company’s stock worth $46,816,000 after buying an additional 20,686 shares during the period. Finally, SVB Wealth LLC lifted its holdings in iShares Russell Mid-Cap Value ETF by 5.8% during the second quarter. SVB Wealth LLC now owns 276,422 shares of the company’s stock worth $45,499,000 after buying an additional 15,220 shares during the period. 80.17% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Value ETF Stock Performance

Shares of NYSEARCA IWS opened at $168.53 on Monday. The stock has a market capitalization of $14.75 billion, a PE ratio of 18.85 and a beta of 0.95. The stock’s fifty day simple moving average is $166.55 and its two-hundred day simple moving average is $160.04. iShares Russell Mid-Cap Value ETF has a 12-month low of $133.74 and a 12-month high of $174.42.

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.