Modern Wealth Management LLC Invests $271,000 in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Modern Wealth Management LLC purchased a new position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,036 shares of the company’s stock, valued at approximately $271,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of IWS. Meridian Wealth Management LLC increased its holdings in iShares Russell Mid-Cap Value ETF by 0.8% in the 4th quarter. Meridian Wealth Management LLC now owns 9,161 shares of the company’s stock valued at $1,185,000 after buying an additional 75 shares during the period. Luts & Greenleigh Group Inc. raised its position in iShares Russell Mid-Cap Value ETF by 0.9% during the fourth quarter. Luts & Greenleigh Group Inc. now owns 8,545 shares of the company’s stock valued at $1,105,000 after purchasing an additional 79 shares in the last quarter. Daymark Wealth Partners LLC lifted its stake in iShares Russell Mid-Cap Value ETF by 4.6% during the fourth quarter. Daymark Wealth Partners LLC now owns 1,902 shares of the company’s stock worth $246,000 after purchasing an additional 83 shares during the last quarter. Continuum Advisory LLC boosted its holdings in shares of iShares Russell Mid-Cap Value ETF by 3.3% in the 3rd quarter. Continuum Advisory LLC now owns 2,632 shares of the company’s stock valued at $356,000 after purchasing an additional 85 shares in the last quarter. Finally, McIlrath & Eck LLC increased its stake in shares of iShares Russell Mid-Cap Value ETF by 18.8% in the 3rd quarter. McIlrath & Eck LLC now owns 563 shares of the company’s stock valued at $74,000 after purchasing an additional 89 shares during the last quarter.

iShares Russell Mid-Cap Value ETF Stock Performance

iShares Russell Mid-Cap Value ETF stock opened at $125.11 on Friday. The stock has a fifty day moving average of $130.38 and a 200-day moving average of $131.97. The stock has a market capitalization of $13.23 billion, a P/E ratio of 18.92 and a beta of 1.13. iShares Russell Mid-Cap Value ETF has a 52 week low of $117.00 and a 52 week high of $140.95.

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.