Jacobs Equity LLC Takes Position in iShares Russell Mid-Cap Value ETF $IWS

Jacobs Equity LLC bought a new stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) during the fourth quarter, Holdings Channel.com reports. The fund bought 5,809 shares of the company’s stock, valued at approximately $819,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Secure Asset Management LLC acquired a new position in iShares Russell Mid-Cap Value ETF in the fourth quarter valued at $1,817,000. AE Wealth Management LLC grew its holdings in shares of iShares Russell Mid-Cap Value ETF by 2.9% during the fourth quarter. AE Wealth Management LLC now owns 377,481 shares of the company’s stock worth $53,244,000 after purchasing an additional 10,529 shares during the last quarter. TIAA Trust National Association increased its position in shares of iShares Russell Mid-Cap Value ETF by 1.0% during the third quarter. TIAA Trust National Association now owns 3,427,479 shares of the company’s stock worth $478,709,000 after purchasing an additional 34,466 shares in the last quarter. Kelsey Financial LLC acquired a new stake in shares of iShares Russell Mid-Cap Value ETF during the fourth quarter worth about $5,443,000. Finally, Farther Finance Advisors LLC increased its position in shares of iShares Russell Mid-Cap Value ETF by 27.3% during the fourth quarter. Farther Finance Advisors LLC now owns 15,372 shares of the company’s stock worth $2,168,000 after purchasing an additional 3,294 shares in the last quarter. 80.17% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Value ETF Stock Performance

iShares Russell Mid-Cap Value ETF stock opened at $162.95 on Friday. The company has a market capitalization of $15.53 billion, a P/E ratio of 19.11 and a beta of 0.95. iShares Russell Mid-Cap Value ETF has a fifty-two week low of $128.00 and a fifty-two week high of $165.60. The stock has a 50-day simple moving average of $157.78 and a 200-day simple moving average of $150.65.

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.