Allegheny Financial Group LTD Grows Holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Allegheny Financial Group LTD raised its position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 47.0% during the 2nd quarter, Holdings Channel.com reports. The firm owned 7,327 shares of the company’s stock after purchasing an additional 2,344 shares during the period. Allegheny Financial Group LTD’s holdings in iShares Russell Mid-Cap Value ETF were worth $885,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Mitchell Sinkler & Starr PA purchased a new position in shares of iShares Russell Mid-Cap Value ETF during the 4th quarter valued at $26,000. Able Wealth Management LLC purchased a new position in shares of iShares Russell Mid-Cap Value ETF in the fourth quarter valued at about $26,000. Rothschild Investment LLC bought a new position in shares of iShares Russell Mid-Cap Value ETF in the second quarter worth about $27,000. CarsonAllaria Wealth Management Ltd. purchased a new stake in shares of iShares Russell Mid-Cap Value ETF during the fourth quarter worth about $29,000. Finally, Tortoise Investment Management LLC bought a new stake in iShares Russell Mid-Cap Value ETF during the 2nd quarter valued at approximately $32,000.

iShares Russell Mid-Cap Value ETF Trading Down 0.4 %

NYSEARCA IWS opened at $129.86 on Tuesday. iShares Russell Mid-Cap Value ETF has a 12 month low of $97.40 and a 12 month high of $130.50. The stock’s 50 day moving average is $124.58 and its 200 day moving average is $122.49. The stock has a market cap of $13.60 billion, a PE ratio of 17.15 and a beta of 0.97.

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.