Moran Wealth Management LLC Sells 168,106 Shares of iShares Russell Mid-Cap Value ETF $IWS

Moran Wealth Management LLC lessened its holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 98.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,980 shares of the company’s stock after selling 168,106 shares during the quarter. Moran Wealth Management LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $279,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Clean Yield Group bought a new position in iShares Russell Mid-Cap Value ETF in the 3rd quarter valued at approximately $25,000. Financial Consulate Inc. bought a new position in iShares Russell Mid-Cap Value ETF in the 3rd quarter valued at approximately $29,000. Rossmore Private Capital bought a new position in iShares Russell Mid-Cap Value ETF in the 3rd quarter valued at approximately $29,000. Triumph Capital Management bought a new position in iShares Russell Mid-Cap Value ETF in the 3rd quarter valued at approximately $29,000. Finally, Center for Financial Planning Inc. raised its holdings in iShares Russell Mid-Cap Value ETF by 113.8% in the 3rd quarter. Center for Financial Planning Inc. now owns 248 shares of the company’s stock valued at $35,000 after buying an additional 132 shares during the last quarter. Institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Price Performance

Shares of NYSEARCA IWS opened at $155.79 on Wednesday. The company has a 50 day simple moving average of $149.79 and a 200 day simple moving average of $144.94. The firm has a market cap of $14.86 billion, a PE ratio of 19.11 and a beta of 0.98. iShares Russell Mid-Cap Value ETF has a 1 year low of $117.27 and a 1 year high of $157.69.

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. The Value Index is a subset of the Russell Midcap Index and measures the performance of equity securities issued by those Russell Midcap Index companies with relatively lower price-to-book ratios and lower forecasted growth.