Canandaigua National Bank & Trust Co. Makes New Investment in iShares Russell Mid-Cap Value ETF $IWS

Canandaigua National Bank & Trust Co. purchased a new position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 4,838 shares of the company’s stock, valued at approximately $796,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of IWS. Conning Inc. increased its holdings in iShares Russell Mid-Cap Value ETF by 24.3% in the 1st quarter. Conning Inc. now owns 59,718 shares of the company’s stock valued at $8,703,000 after purchasing an additional 11,676 shares in the last quarter. AE Wealth Management LLC lifted its stake in shares of iShares Russell Mid-Cap Value ETF by 2.9% during the fourth quarter. AE Wealth Management LLC now owns 377,481 shares of the company’s stock worth $53,244,000 after purchasing an additional 10,529 shares in the last quarter. Kelsey Financial LLC purchased a new stake in shares of iShares Russell Mid-Cap Value ETF in the fourth quarter worth about $5,443,000. Key Capital Management INC purchased a new stake in shares of iShares Russell Mid-Cap Value ETF in the fourth quarter worth about $2,321,000. Finally, Farther Finance Advisors LLC grew its stake in shares of iShares Russell Mid-Cap Value ETF by 27.3% in the fourth quarter. Farther Finance Advisors LLC now owns 15,372 shares of the company’s stock valued at $2,168,000 after buying an additional 3,294 shares in the last quarter. 80.17% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Value ETF Stock Performance

Shares of NYSEARCA:IWS opened at $170.45 on Thursday. The company has a market cap of $15.89 billion, a P/E ratio of 19.11 and a beta of 0.95. iShares Russell Mid-Cap Value ETF has a one year low of $133.17 and a one year high of $171.67. The business’s 50-day simple moving average is $164.52 and its 200 day simple moving average is $156.08.

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. 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.