Zhang Financial LLC Decreases Stock Position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Zhang Financial LLC lessened its stake in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 14.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,645 shares of the company’s stock after selling 639 shares during the quarter. Zhang Financial LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $424,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Moneta Group Investment Advisors LLC raised its holdings in iShares Russell Mid-Cap Value ETF by 120,049.5% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 84,736,624 shares of the company’s stock valued at $8,926,156,000 after buying an additional 84,666,098 shares during the period. TIAA Trust National Association purchased a new stake in iShares Russell Mid-Cap Value ETF during the 3rd quarter valued at $1,339,035,000. Morgan Stanley raised its holdings in iShares Russell Mid-Cap Value ETF by 2.7% during the 3rd quarter. Morgan Stanley now owns 8,144,793 shares of the company’s stock valued at $849,828,000 after buying an additional 215,822 shares during the period. US Bancorp DE raised its holdings in iShares Russell Mid-Cap Value ETF by 1.2% during the 3rd quarter. US Bancorp DE now owns 4,074,308 shares of the company’s stock valued at $425,242,000 after buying an additional 49,276 shares during the period. Finally, Envestnet Portfolio Solutions Inc. purchased a new stake in iShares Russell Mid-Cap Value ETF during the 3rd quarter valued at $251,965,000.

iShares Russell Mid-Cap Value ETF Stock Performance

NYSEARCA:IWS opened at $117.65 on Friday. The stock’s fifty day moving average is $120.61 and its 200 day moving average is $113.24. iShares Russell Mid-Cap Value ETF has a fifty-two week low of $97.40 and a fifty-two week high of $125.64. The firm has a market capitalization of $13.25 billion, a PE ratio of 17.27 and a beta of 0.99.

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.