M&T Bank Corp Lowers Position in iShares Russell Mid-Cap Value ETF $IWS

M&T Bank Corp cut its stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 98.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,407 shares of the company’s stock after selling 164,113 shares during the quarter. M&T Bank Corp’s holdings in iShares Russell Mid-Cap Value ETF were worth $481,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of IWS. Brighton Jones LLC lifted its holdings in iShares Russell Mid-Cap Value ETF by 1.0% in the fourth quarter. Brighton Jones LLC now owns 20,670 shares of the company’s stock worth $2,673,000 after buying an additional 201 shares during the period. Revolve Wealth Partners LLC lifted its holdings in shares of iShares Russell Mid-Cap Value ETF by 2.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 6,439 shares of the company’s stock valued at $833,000 after purchasing an additional 124 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of iShares Russell Mid-Cap Value ETF by 18.6% during the first quarter. AQR Capital Management LLC now owns 8,080 shares of the company’s stock valued at $1,018,000 after purchasing an additional 1,267 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of iShares Russell Mid-Cap Value ETF during the first quarter valued at approximately $5,269,000. Finally, Russell Investments Group Ltd. lifted its holdings in shares of iShares Russell Mid-Cap Value ETF by 166.6% during the second quarter. Russell Investments Group Ltd. now owns 2,607 shares of the company’s stock valued at $344,000 after purchasing an additional 1,629 shares during the last quarter. 80.17% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Value ETF Stock Performance

IWS stock opened at $156.38 on Friday. The firm has a 50 day moving average price of $150.26 and a 200-day moving average price of $145.71. iShares Russell Mid-Cap Value ETF has a 52-week low of $123.42 and a 52-week high of $157.69. The firm has a market capitalization of $14.90 billion, a price-to-earnings ratio of 19.11 and a beta of 0.96.

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.