Sound Income Strategies LLC Sells 311 Shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Sound Income Strategies LLC cut its holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 28.3% in the 1st quarter, HoldingsChannel.com reports. The fund owned 788 shares of the company’s stock after selling 311 shares during the period. Sound Income Strategies LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $99,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Able Wealth Management LLC purchased a new stake in shares of iShares Russell Mid-Cap Value ETF during the 4th quarter worth approximately $26,000. Mitchell Sinkler & Starr PA bought a new stake in shares of iShares Russell Mid-Cap Value ETF in the fourth quarter valued at $26,000. CarsonAllaria Wealth Management Ltd. purchased a new position in shares of iShares Russell Mid-Cap Value ETF during the 4th quarter valued at $29,000. AlphaMark Advisors LLC bought a new position in shares of iShares Russell Mid-Cap Value ETF during the 4th quarter worth $44,000. Finally, CVA Family Office LLC purchased a new stake in iShares Russell Mid-Cap Value ETF in the 4th quarter worth about $48,000.

iShares Russell Mid-Cap Value ETF Stock Down 0.5 %

iShares Russell Mid-Cap Value ETF stock traded down $0.63 during midday trading on Wednesday, reaching $120.08. The stock had a trading volume of 207,008 shares, compared to its average volume of 478,781. The firm has a market capitalization of $12.57 billion, a PE ratio of 17.15 and a beta of 0.97. iShares Russell Mid-Cap Value ETF has a 12 month low of $97.40 and a 12 month high of $125.64. The firm’s 50-day moving average price is $121.47 and its 200 day moving average price is $119.18.

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.