Parkshore Wealth Management Inc. Invests $846,000 in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Parkshore Wealth Management Inc. acquired a new stake in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 6,543 shares of the company’s stock, valued at approximately $846,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC bought a new position in shares of iShares Russell Mid-Cap Value ETF in the fourth quarter worth approximately $153,000. JPMorgan Chase & Co. lifted its stake in shares of iShares Russell Mid-Cap Value ETF by 0.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 711,365 shares of the company’s stock valued at $94,078,000 after buying an additional 3,307 shares in the last quarter. Barclays PLC bought a new position in iShares Russell Mid-Cap Value ETF in the 3rd quarter worth $635,000. Arkadios Wealth Advisors increased its stake in iShares Russell Mid-Cap Value ETF by 3.9% in the 4th quarter. Arkadios Wealth Advisors now owns 6,312 shares of the company’s stock worth $816,000 after buying an additional 236 shares in the last quarter. Finally, Robertson Stephens Wealth Management LLC raised its holdings in iShares Russell Mid-Cap Value ETF by 16.8% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 4,487 shares of the company’s stock valued at $580,000 after acquiring an additional 644 shares during the period.

iShares Russell Mid-Cap Value ETF Stock Down 0.2 %

Shares of iShares Russell Mid-Cap Value ETF stock opened at $121.80 on Monday. iShares Russell Mid-Cap Value ETF has a 52 week low of $108.85 and a 52 week high of $140.95. The stock’s 50-day simple moving average is $123.84 and its 200-day simple moving average is $130.15. The company has a market capitalization of $12.82 billion, a price-to-earnings ratio of 17.34 and a beta of 1.02.

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.