FineMark National Bank & Trust Trims Stock Position in iShares Russell Mid-Cap Value ETF $IWS

FineMark National Bank & Trust decreased its position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 24.9% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 10,063 shares of the company’s stock after selling 3,329 shares during the period. FineMark National Bank & Trust’s holdings in iShares Russell Mid-Cap Value ETF were worth $1,330,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of IWS. Jones Financial Companies Lllp lifted its holdings in shares of iShares Russell Mid-Cap Value ETF by 7.9% in the 1st quarter. Jones Financial Companies Lllp now owns 10,056,638 shares of the company’s stock worth $1,258,208,000 after buying an additional 736,389 shares during the period. US Bancorp DE raised its holdings in shares of iShares Russell Mid-Cap Value ETF by 2.4% in the first quarter. US Bancorp DE now owns 4,355,252 shares of the company’s stock valued at $548,652,000 after acquiring an additional 103,969 shares in the last quarter. TIAA Trust National Association raised its holdings in shares of iShares Russell Mid-Cap Value ETF by 0.3% in the second quarter. TIAA Trust National Association now owns 3,393,013 shares of the company’s stock valued at $448,338,000 after acquiring an additional 11,380 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in iShares Russell Mid-Cap Value ETF by 5.1% in the first quarter. Commonwealth Equity Services LLC now owns 2,257,427 shares of the company’s stock worth $284,368,000 after acquiring an additional 109,126 shares during the period. Finally, Zions Bancorporation National Association UT bought a new position in iShares Russell Mid-Cap Value ETF during the 1st quarter worth about $151,753,000. 80.17% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Value ETF Stock Performance

NYSEARCA:IWS opened at $135.53 on Thursday. The firm has a market cap of $13.51 billion, a P/E ratio of 19.11 and a beta of 1.02. The firm has a 50-day simple moving average of $138.73 and a 200-day simple moving average of $134.92. iShares Russell Mid-Cap Value ETF has a one year low of $108.85 and a one year 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.