Davis R M Inc. Cuts Stock Position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Davis R M Inc. trimmed its holdings in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 7.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,770 shares of the company’s stock after selling 400 shares during the quarter. Davis R M Inc.’s holdings in iShares Russell Mid-Cap Value ETF were worth $617,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Strategic Financial Concepts LLC acquired a new position in iShares Russell Mid-Cap Value ETF during the fourth quarter worth $153,000. JPMorgan Chase & Co. raised its position in shares of iShares Russell Mid-Cap Value ETF by 0.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 711,365 shares of the company’s stock worth $94,078,000 after purchasing an additional 3,307 shares during the last quarter. Barclays PLC acquired a new position in shares of iShares Russell Mid-Cap Value ETF during the 3rd quarter worth about $635,000. Arkadios Wealth Advisors lifted its stake in iShares Russell Mid-Cap Value ETF by 3.9% in the 4th quarter. Arkadios Wealth Advisors now owns 6,312 shares of the company’s stock valued at $816,000 after buying an additional 236 shares in the last quarter. Finally, Robertson Stephens Wealth Management LLC boosted its holdings in iShares Russell Mid-Cap Value ETF by 16.8% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 4,487 shares of the company’s stock worth $580,000 after buying an additional 644 shares during the last quarter.

iShares Russell Mid-Cap Value ETF Price Performance

Shares of iShares Russell Mid-Cap Value ETF stock opened at $124.35 on Wednesday. The stock has a market capitalization of $12.86 billion, a P/E ratio of 18.90 and a beta of 1.13. The business has a 50 day simple moving average of $131.55 and a two-hundred day simple moving average of $132.28. iShares Russell Mid-Cap Value ETF has a 12 month low of $117.00 and a 12 month high of $140.95.

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.