Sei Investments Co. Makes New Investment in iShares Russell Mid-Cap Value ETF $IWS

Sei Investments Co. purchased a new stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 5,286 shares of the company’s stock, valued at approximately $770,000.

Several other institutional investors also recently modified their holdings of IWS. Conning Inc. raised its stake in iShares Russell Mid-Cap Value ETF by 24.3% in the first quarter. Conning Inc. now owns 59,718 shares of the company’s stock valued at $8,703,000 after buying an additional 11,676 shares during the period. AE Wealth Management LLC boosted its stake in shares of iShares Russell Mid-Cap Value ETF by 2.9% during the 4th quarter. AE Wealth Management LLC now owns 377,481 shares of the company’s stock worth $53,244,000 after acquiring an additional 10,529 shares during the period. Key Capital Management INC bought a new position in shares of iShares Russell Mid-Cap Value ETF during the 4th quarter worth approximately $2,321,000. Farther Finance Advisors LLC increased its holdings in shares of iShares Russell Mid-Cap Value ETF by 27.3% during the 4th quarter. Farther Finance Advisors LLC now owns 15,372 shares of the company’s stock worth $2,168,000 after acquiring an additional 3,294 shares during the last quarter. Finally, One Wealth Advisors LLC acquired a new position in shares of iShares Russell Mid-Cap Value ETF during the 4th quarter worth approximately $1,970,000. 80.17% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Value ETF Trading Up 0.8%

IWS opened at $173.17 on Friday. iShares Russell Mid-Cap Value ETF has a 1-year low of $133.74 and a 1-year high of $173.25. The stock’s fifty day simple moving average is $165.75 and its 200 day simple moving average is $157.07. The stock has a market cap of $16.14 billion, a PE ratio of 19.11 and a beta of 0.95.

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.