Davidson Trust Co. Makes New Investment in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Davidson Trust Co. purchased a new position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 2,864 shares of the company’s stock, valued at approximately $333,000.

Several other hedge funds have also recently added to or reduced their stakes in IWS. Worth Asset Management LLC bought a new stake in shares of iShares Russell Mid-Cap Value ETF in the 1st quarter valued at about $26,000. Sunbelt Securities Inc. bought a new stake in shares of iShares Russell Mid-Cap Value ETF in the 1st quarter valued at about $28,000. Ambassador Advisors LLC bought a new stake in shares of iShares Russell Mid-Cap Value ETF in the 4th quarter valued at about $28,000. Pin Oak Investment Advisors Inc. lifted its stake in shares of iShares Russell Mid-Cap Value ETF by 128.9% in the 2nd quarter. Pin Oak Investment Advisors Inc. now owns 293 shares of the company’s stock valued at $32,000 after acquiring an additional 165 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC lifted its stake in shares of iShares Russell Mid-Cap Value ETF by 115.1% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 398 shares of the company’s stock valued at $42,000 after acquiring an additional 213 shares during the last quarter.

iShares Russell Mid-Cap Value ETF Stock Up 0.4 %

Shares of NYSEARCA IWS traded up $0.45 during midday trading on Friday, reaching $117.76. The company had a trading volume of 124,463 shares, compared to its average volume of 507,590. iShares Russell Mid-Cap Value ETF has a one year low of $97.40 and a one year high of $125.64. The firm’s fifty day moving average price is $120.58 and its 200-day moving average price is $113.13. The stock has a market cap of $13.27 billion, a PE ratio of 17.27 and a beta of 0.99.

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.