Y Intercept Hong Kong Ltd Takes $1.45 Million Position in iShares Russell Mid-Cap Value ETF $IWS

Y Intercept Hong Kong Ltd acquired a new stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) during the first quarter, Holdings Channel reports. The fund acquired 9,937 shares of the company’s stock, valued at approximately $1,448,000.

A number of other large investors have also recently added to or reduced their stakes in IWS. Northwestern Mutual Wealth Management Co. increased its stake in iShares Russell Mid-Cap Value ETF by 1,160.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,565,153 shares of the company’s stock worth $502,865,000 after acquiring an additional 3,282,372 shares during the last quarter. Align Financial LLC purchased a new position in shares of iShares Russell Mid-Cap Value ETF during the 4th quarter worth $31,613,000. BNP Paribas Financial Markets increased its position in shares of iShares Russell Mid-Cap Value ETF by 397.2% during the 2nd quarter. BNP Paribas Financial Markets now owns 248,581 shares of the company’s stock worth $32,847,000 after purchasing an additional 198,581 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of iShares Russell Mid-Cap Value ETF by 4.4% during the 4th quarter. Wells Fargo & Company MN now owns 3,917,401 shares of the company’s stock worth $552,549,000 after purchasing an additional 165,686 shares during the last quarter. Finally, Arax Advisory Partners purchased a new stake in iShares Russell Mid-Cap Value ETF in the 4th quarter valued at about $19,302,000. 80.17% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Value ETF Trading Up 0.3%

NYSEARCA IWS traded up $0.43 during trading hours on Friday, reaching $165.43. The company had a trading volume of 666,551 shares, compared to its average volume of 489,383. The stock has a 50-day moving average of $161.12 and a 200 day moving average of $153.14. iShares Russell Mid-Cap Value ETF has a 1-year low of $131.46 and a 1-year high of $167.07. The stock has a market capitalization of $15.67 billion, a P/E ratio of 19.11 and a beta of 0.95.

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. 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.