Fmr LLC Reduces Stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Fmr LLC reduced its holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 0.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,016,124 shares of the company’s stock after selling 5,847 shares during the quarter. Fmr LLC owned about 1.93% of iShares Russell Mid-Cap Value ETF worth $260,765,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Rahlfs Capital LLC bought a new stake in shares of iShares Russell Mid-Cap Value ETF during the 4th quarter valued at about $239,000. Wells Fargo & Company MN boosted its position in iShares Russell Mid-Cap Value ETF by 6.3% during the 4th quarter. Wells Fargo & Company MN now owns 4,069,223 shares of the company’s stock valued at $526,313,000 after acquiring an additional 241,870 shares in the last quarter. Arete Wealth Advisors LLC purchased a new position in shares of iShares Russell Mid-Cap Value ETF during the 4th quarter worth approximately $206,000. World Investment Advisors grew its holdings in shares of iShares Russell Mid-Cap Value ETF by 175.9% during the 4th quarter. World Investment Advisors now owns 5,275 shares of the company’s stock worth $682,000 after acquiring an additional 3,363 shares during the period. Finally, Nicolet Advisory Services LLC raised its position in shares of iShares Russell Mid-Cap Value ETF by 183.1% in the 4th quarter. Nicolet Advisory Services LLC now owns 5,214 shares of the company’s stock worth $666,000 after acquiring an additional 3,372 shares in the last quarter.

iShares Russell Mid-Cap Value ETF Stock Up 1.6 %

NYSEARCA IWS opened at $117.14 on Friday. The firm has a market capitalization of $12.39 billion, a PE ratio of 18.92 and a beta of 1.13. The stock’s 50 day moving average is $126.63 and its 200 day moving average is $131.01. iShares Russell Mid-Cap Value ETF has a twelve month low of $108.85 and a twelve month high of $140.95.

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.