Woodmont Investment Counsel LLC Buys New Stake in iShares Russell Mid-Cap Value ETF $IWS

Woodmont Investment Counsel LLC bought a new position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the third quarter, Holdings Channel reports. The firm bought 3,022 shares of the company’s stock, valued at approximately $486,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IWS. First Citizens Bank & Trust Co. bought a new position in shares of iShares Russell Mid-Cap Value ETF in the third quarter valued at approximately $297,622,000. Evergreen Capital Management LLC acquired a new stake in shares of iShares Russell Mid-Cap Value ETF in the third quarter worth $18,681,000. Fifth Third Securities Inc. bought a new stake in shares of iShares Russell Mid-Cap Value ETF during the 3rd quarter worth $17,895,000. Hsbc Holdings PLC bought a new stake in shares of iShares Russell Mid-Cap Value ETF during the 4th quarter worth $15,226,000. Finally, BOKF NA bought a new stake in shares of iShares Russell Mid-Cap Value ETF during the 3rd quarter worth $14,013,000. Institutional investors and hedge funds own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Trading Up 0.7%

NYSEARCA:IWS opened at $171.22 on Tuesday. iShares Russell Mid-Cap Value ETF has a 1 year low of $133.74 and a 1 year high of $173.52. The firm’s fifty day simple moving average is $166.67 and its 200 day simple moving average is $159.59. The firm has a market capitalization of $15.06 billion, a PE ratio of 19.11 and a beta of 0.96.

iShares Russell Mid-Cap Value ETF 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.