MAI Capital Management Acquires 2,504 Shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

MAI Capital Management boosted its holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 3.7% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 70,999 shares of the company’s stock after purchasing an additional 2,504 shares during the period. MAI Capital Management’s holdings in iShares Russell Mid-Cap Value ETF were worth $9,390,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in IWS. Rothschild Investment LLC purchased a new position in shares of iShares Russell Mid-Cap Value ETF in the second quarter worth $27,000. American Capital Advisory LLC grew its holdings in iShares Russell Mid-Cap Value ETF by 100.0% in the 3rd quarter. American Capital Advisory LLC now owns 220 shares of the company’s stock worth $29,000 after acquiring an additional 110 shares during the last quarter. Tortoise Investment Management LLC purchased a new position in shares of iShares Russell Mid-Cap Value ETF in the second quarter valued at about $32,000. Kimelman & Baird LLC bought a new position in shares of iShares Russell Mid-Cap Value ETF during the second quarter valued at about $34,000. Finally, Triad Wealth Partners LLC bought a new position in shares of iShares Russell Mid-Cap Value ETF during the second quarter valued at about $43,000.

iShares Russell Mid-Cap Value ETF Price Performance

NYSEARCA IWS opened at $135.00 on Tuesday. iShares Russell Mid-Cap Value ETF has a 1 year low of $105.96 and a 1 year high of $138.12. The stock has a market capitalization of $14.13 billion, a PE ratio of 17.15 and a beta of 0.97. The business’s 50-day moving average is $132.10 and its 200 day moving average is $126.72.

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.