Meridian Wealth Management LLC Makes New $1.20 Million Investment in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Meridian Wealth Management LLC purchased a new stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 9,086 shares of the company’s stock, valued at approximately $1,202,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. US Bancorp DE raised its holdings in iShares Russell Mid-Cap Value ETF by 2.3% in the third quarter. US Bancorp DE now owns 4,179,134 shares of the company’s stock valued at $552,711,000 after acquiring an additional 92,032 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in shares of iShares Russell Mid-Cap Value ETF by 2.5% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 4,147,092 shares of the company’s stock valued at $500,720,000 after purchasing an additional 100,214 shares in the last quarter. First Citizens Bank & Trust Co. raised its holdings in shares of iShares Russell Mid-Cap Value ETF by 2.6% in the 2nd quarter. First Citizens Bank & Trust Co. now owns 2,894,098 shares of the company’s stock valued at $349,433,000 after purchasing an additional 72,108 shares in the last quarter. Accredited Investors Inc. lifted its position in shares of iShares Russell Mid-Cap Value ETF by 2,738.7% during the 3rd quarter. Accredited Investors Inc. now owns 2,296,845 shares of the company’s stock worth $303,758,000 after purchasing an additional 2,215,933 shares during the last quarter. Finally, Victory Capital Management Inc. grew its stake in shares of iShares Russell Mid-Cap Value ETF by 1.0% during the second quarter. Victory Capital Management Inc. now owns 1,215,700 shares of the company’s stock worth $146,784,000 after purchasing an additional 12,200 shares in the last quarter.

iShares Russell Mid-Cap Value ETF Price Performance

NYSEARCA:IWS opened at $138.63 on Friday. iShares Russell Mid-Cap Value ETF has a 12 month low of $106.71 and a 12 month high of $138.89. The firm has a market capitalization of $14.51 billion, a PE ratio of 17.15 and a beta of 0.97. The business’s fifty day moving average price is $132.83 and its 200 day moving average price is $127.07.

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.