Verdence Capital Advisors LLC Purchases New Shares in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Verdence Capital Advisors LLC acquired a new position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,734 shares of the company’s stock, valued at approximately $202,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IWS. DAVENPORT & Co LLC grew its position in iShares Russell Mid-Cap Value ETF by 11.8% during the third quarter. DAVENPORT & Co LLC now owns 4,690 shares of the company’s stock valued at $489,000 after buying an additional 494 shares during the period. Meridian Wealth Management LLC increased its stake in shares of iShares Russell Mid-Cap Value ETF by 114.8% during the 3rd quarter. Meridian Wealth Management LLC now owns 20,544 shares of the company’s stock worth $2,144,000 after purchasing an additional 10,981 shares during the last quarter. Private Trust Co. NA increased its stake in shares of iShares Russell Mid-Cap Value ETF by 3.2% during the 3rd quarter. Private Trust Co. NA now owns 6,184 shares of the company’s stock worth $645,000 after purchasing an additional 194 shares during the last quarter. Hubbell Strickland Wealth Management LLC raised its holdings in shares of iShares Russell Mid-Cap Value ETF by 12.3% in the 3rd quarter. Hubbell Strickland Wealth Management LLC now owns 3,424 shares of the company’s stock worth $357,000 after purchasing an additional 376 shares during the period. Finally, Occidental Asset Management LLC lifted its stake in iShares Russell Mid-Cap Value ETF by 28.3% in the third quarter. Occidental Asset Management LLC now owns 80,457 shares of the company’s stock valued at $8,395,000 after purchasing an additional 17,751 shares during the last quarter.

iShares Russell Mid-Cap Value ETF Price Performance

NYSEARCA:IWS opened at $119.86 on Wednesday. The company has a market capitalization of $13.50 billion, a P/E ratio of 17.27 and a beta of 0.99. The business has a fifty day simple moving average of $120.65 and a two-hundred day simple moving average of $113.52. iShares Russell Mid-Cap Value ETF has a 1 year low of $97.40 and a 1 year high of $125.64.

iShares Russell Mid-Cap Value ETF Company 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.