WASHINGTON TRUST Co Makes New $590,000 Investment in iShares Russell Mid-Cap Value ETF $IWS

WASHINGTON TRUST Co acquired a new position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the third quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 3,671 shares of the company’s stock, valued at approximately $590,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. First Citizens Bank & Trust Co. acquired a new position in iShares Russell Mid-Cap Value ETF in the third quarter valued at about $297,622,000. Cassaday & Co Wealth Management LLC boosted its stake in iShares Russell Mid-Cap Value ETF by 1.9% during the first quarter. Cassaday & Co Wealth Management LLC now owns 1,023,739 shares of the company’s stock worth $149,200,000 after buying an additional 18,611 shares during the period. Lido Advisors LLC boosted its stake in iShares Russell Mid-Cap Value ETF by 6.9% during the first quarter. Lido Advisors LLC now owns 321,226 shares of the company’s stock worth $46,816,000 after buying an additional 20,686 shares during the period. SVB Wealth LLC increased its position in shares of iShares Russell Mid-Cap Value ETF by 5.8% during the second quarter. SVB Wealth LLC now owns 276,422 shares of the company’s stock valued at $45,499,000 after acquiring an additional 15,220 shares during the last quarter. Finally, Cedar Mountain Advisors LLC increased its position in shares of iShares Russell Mid-Cap Value ETF by 0.4% during the second quarter. Cedar Mountain Advisors LLC now owns 252,713 shares of the company’s stock valued at $41,597,000 after acquiring an additional 1,131 shares during the last quarter. 80.17% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Value ETF Stock Performance

iShares Russell Mid-Cap Value ETF stock opened at $168.43 on Friday. The company has a market capitalization of $15.64 billion, a PE ratio of 19.11 and a beta of 0.96. The firm has a 50 day moving average price of $166.86 and a 200 day moving average price of $163.45. iShares Russell Mid-Cap Value ETF has a fifty-two week low of $133.74 and a fifty-two week high of $173.52.

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.