Richardson Capital Management LLC Acquires Shares of 2,966 iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Richardson Capital Management LLC acquired a new stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 2,966 shares of the company’s stock, valued at approximately $372,000. iShares Russell Mid-Cap Value ETF comprises about 0.3% of Richardson Capital Management LLC’s portfolio, making the stock its 18th largest position.

Other hedge funds also recently bought and sold shares of the company. Parkside Financial Bank & Trust raised its holdings in iShares Russell Mid-Cap Value ETF by 94.3% in the 4th quarter. Parkside Financial Bank & Trust now owns 3,560 shares of the company’s stock valued at $414,000 after acquiring an additional 1,728 shares during the last quarter. BCGM Wealth Management LLC purchased a new position in shares of iShares Russell Mid-Cap Value ETF during the 4th quarter worth approximately $308,000. STAR Financial Bank boosted its position in shares of iShares Russell Mid-Cap Value ETF by 3.9% during the 4th quarter. STAR Financial Bank now owns 19,059 shares of the company’s stock worth $2,216,000 after purchasing an additional 723 shares during the period. Envestnet Portfolio Solutions Inc. boosted its position in shares of iShares Russell Mid-Cap Value ETF by 29.5% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 3,127,508 shares of the company’s stock worth $363,698,000 after purchasing an additional 712,662 shares during the period. Finally, B. Riley Wealth Advisors Inc. boosted its position in shares of iShares Russell Mid-Cap Value ETF by 19.0% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 30,857 shares of the company’s stock worth $3,238,000 after purchasing an additional 4,928 shares during the period.

iShares Russell Mid-Cap Value ETF Price Performance

Shares of NYSEARCA:IWS traded up $0.37 during mid-day trading on Friday, reaching $120.74. 173,998 shares of the company were exchanged, compared to its average volume of 474,377. The firm has a market cap of $12.64 billion, a price-to-earnings ratio of 17.15 and a beta of 0.97. The firm’s 50-day simple moving average is $121.64 and its 200 day simple moving average is $119.31. iShares Russell Mid-Cap Value ETF has a 1 year low of $97.40 and a 1 year high of $125.64.

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.