Phillips Financial Management LLC Decreases Stock Holdings in iShares Russell Mid-Cap Value ETF $IWS

Phillips Financial Management LLC reduced its holdings in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 6.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,495 shares of the company’s stock after selling 295 shares during the quarter. Phillips Financial Management LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $594,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. City Center Advisors LLC grew its stake in iShares Russell Mid-Cap Value ETF by 1.9% during the second quarter. City Center Advisors LLC now owns 4,228 shares of the company’s stock worth $559,000 after buying an additional 78 shares during the period. NBC Securities Inc. grew its stake in iShares Russell Mid-Cap Value ETF by 1.3% during the second quarter. NBC Securities Inc. now owns 6,665 shares of the company’s stock worth $880,000 after buying an additional 88 shares during the period. Sovran Advisors LLC grew its stake in iShares Russell Mid-Cap Value ETF by 3.9% during the first quarter. Sovran Advisors LLC now owns 2,687 shares of the company’s stock worth $318,000 after buying an additional 102 shares during the period. Breakwater Capital Group grew its stake in iShares Russell Mid-Cap Value ETF by 3.7% during the second quarter. Breakwater Capital Group now owns 2,905 shares of the company’s stock worth $384,000 after buying an additional 103 shares during the period. Finally, Essex Financial Services Inc. boosted its stake in shares of iShares Russell Mid-Cap Value ETF by 2.4% in the first quarter. Essex Financial Services Inc. now owns 4,511 shares of the company’s stock valued at $568,000 after purchasing an additional 104 shares during the period. 80.17% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Value ETF Trading Up 0.3%

Shares of IWS stock opened at $139.82 on Wednesday. The company has a market capitalization of $14.03 billion, a PE ratio of 19.11 and a beta of 1.08. The firm has a fifty day simple moving average of $138.51 and a 200-day simple moving average of $131.93. iShares Russell Mid-Cap Value ETF has a twelve month low of $108.85 and a twelve month high of $141.68.

iShares Russell Mid-Cap Value ETF 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.