LifeWealth Investments LLC Increases Position in iShares Russell Mid-Cap Value ETF $IWS

LifeWealth Investments LLC increased its stake in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 8.1% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 61,202 shares of the company’s stock after acquiring an additional 4,595 shares during the period. iShares Russell Mid-Cap Value ETF makes up about 2.4% of LifeWealth Investments LLC’s investment portfolio, making the stock its 11th largest position. LifeWealth Investments LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $8,548,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Cahaba Wealth Management Inc. grew its stake in shares of iShares Russell Mid-Cap Value ETF by 1.9% in the 3rd quarter. Cahaba Wealth Management Inc. now owns 4,040 shares of the company’s stock valued at $564,000 after purchasing an additional 74 shares during the last quarter. City Center Advisors LLC increased its stake in iShares Russell Mid-Cap Value ETF by 1.9% in the 2nd quarter. City Center Advisors LLC now owns 4,228 shares of the company’s stock valued at $559,000 after buying an additional 78 shares during the period. Horst & Graben Wealth Management LLC raised its position in iShares Russell Mid-Cap Value ETF by 0.6% during the 3rd quarter. Horst & Graben Wealth Management LLC now owns 13,411 shares of the company’s stock worth $1,873,000 after buying an additional 79 shares during the last quarter. Sonata Capital Group Inc. raised its position in iShares Russell Mid-Cap Value ETF by 0.9% during the 2nd quarter. Sonata Capital Group Inc. now owns 8,972 shares of the company’s stock worth $1,186,000 after buying an additional 81 shares during the last quarter. Finally, NBC Securities Inc. lifted its stake in shares of iShares Russell Mid-Cap Value ETF by 1.3% in the 2nd quarter. NBC Securities Inc. now owns 6,665 shares of the company’s stock worth $880,000 after acquiring an additional 88 shares during the period. 80.17% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Value ETF Stock Down 0.3%

Shares of iShares Russell Mid-Cap Value ETF stock opened at $142.65 on Tuesday. The firm has a market cap of $14.22 billion, a price-to-earnings ratio of 19.11 and a beta of 1.02. iShares Russell Mid-Cap Value ETF has a 52-week low of $108.85 and a 52-week high of $145.00. The company’s 50-day simple moving average is $140.04 and its 200-day simple moving average is $137.52.

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.