iShares Russell Mid-Cap Value ETF $IWS Shares Purchased by Quantinno Capital Management LP

Quantinno Capital Management LP increased its position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 17.2% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 33,656 shares of the company’s stock after purchasing an additional 4,947 shares during the quarter. Quantinno Capital Management LP’s holdings in iShares Russell Mid-Cap Value ETF were worth $4,905,000 as of its most recent filing with the SEC.

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

iShares Russell Mid-Cap Value ETF Trading Down 0.3%

NYSEARCA:IWS opened at $169.87 on Friday. The company has a market cap of $15.83 billion, a P/E ratio of 19.11 and a beta of 0.95. iShares Russell Mid-Cap Value ETF has a twelve month low of $133.17 and a twelve month high of $171.67. The company’s 50-day moving average price is $164.71 and its 200-day moving average price is $156.23.

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.