43,378 Shares in iShares Russell Mid-Cap Value ETF $IWS Acquired by Farmers & Merchants Investments Inc.

Farmers & Merchants Investments Inc. acquired a new stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) during the third quarter, Holdings Channel.com reports. The fund acquired 43,378 shares of the company’s stock, valued at approximately $6,973,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. First Citizens Bank & Trust Co. purchased a new stake in iShares Russell Mid-Cap Value ETF in the 3rd quarter valued at $297,622,000. Cassaday & Co Wealth Management LLC lifted its position in shares of iShares Russell Mid-Cap Value ETF by 1.9% during the 1st quarter. Cassaday & Co Wealth Management LLC now owns 1,023,739 shares of the company’s stock worth $149,200,000 after buying an additional 18,611 shares in the last quarter. Lido Advisors LLC grew its holdings in shares of iShares Russell Mid-Cap Value ETF by 6.9% in the first quarter. Lido Advisors LLC now owns 321,226 shares of the company’s stock valued at $46,816,000 after acquiring an additional 20,686 shares in the last quarter. SVB Wealth LLC boosted its position in iShares Russell Mid-Cap Value ETF by 5.8% in the second quarter. SVB Wealth LLC now owns 276,422 shares of the company’s stock worth $45,499,000 after purchasing an additional 15,220 shares during the last quarter. Finally, Cedar Mountain Advisors LLC raised its stake in shares of iShares Russell Mid-Cap Value ETF by 0.4% during the 2nd quarter. Cedar Mountain Advisors LLC now owns 252,713 shares of the company’s stock worth $41,597,000 after purchasing an additional 1,131 shares during the period. 80.17% of the stock is owned by institutional investors.

iShares Russell Mid-Cap Value ETF Stock Down 0.5%

IWS opened at $168.43 on Friday. The stock has a market cap of $15.64 billion, a price-to-earnings ratio of 19.11 and a beta of 0.96. The company’s 50-day moving average price is $166.86 and its two-hundred day moving average price is $163.45. iShares Russell Mid-Cap Value ETF has a twelve month low of $133.74 and a twelve month high of $173.52.

About iShares Russell Mid-Cap Value ETF

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.