Global Wealth Management Investment Advisory Inc. Cuts Holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Global Wealth Management Investment Advisory Inc. trimmed its position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 1.4% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 7,203 shares of the company’s stock after selling 100 shares during the period. Global Wealth Management Investment Advisory Inc.’s holdings in iShares Russell Mid-Cap Value ETF were worth $932,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Powell Investment Advisors LLC grew its holdings in shares of iShares Russell Mid-Cap Value ETF by 1.1% in the fourth quarter. Powell Investment Advisors LLC now owns 49,527 shares of the company’s stock valued at $6,406,000 after acquiring an additional 533 shares in the last quarter. Kestra Private Wealth Services LLC boosted its position in iShares Russell Mid-Cap Value ETF by 1.0% in the fourth quarter. Kestra Private Wealth Services LLC now owns 75,056 shares of the company’s stock worth $9,708,000 after purchasing an additional 762 shares during the last quarter. Stephens Inc. AR grew its stake in iShares Russell Mid-Cap Value ETF by 0.7% in the 4th quarter. Stephens Inc. AR now owns 823,567 shares of the company’s stock valued at $106,520,000 after purchasing an additional 5,897 shares during the period. Kingsview Wealth Management LLC increased its position in shares of iShares Russell Mid-Cap Value ETF by 4.4% during the 4th quarter. Kingsview Wealth Management LLC now owns 11,539 shares of the company’s stock valued at $1,493,000 after purchasing an additional 488 shares during the last quarter. Finally, MWA Asset Management increased its position in shares of iShares Russell Mid-Cap Value ETF by 1.6% during the 4th quarter. MWA Asset Management now owns 11,876 shares of the company’s stock valued at $1,536,000 after purchasing an additional 187 shares during the last quarter.

iShares Russell Mid-Cap Value ETF Stock Performance

Shares of NYSEARCA:IWS opened at $132.87 on Monday. The company has a market capitalization of $13.91 billion, a P/E ratio of 17.15 and a beta of 0.97. The company’s 50-day moving average is $132.80 and its 200 day moving average is $131.44. iShares Russell Mid-Cap Value ETF has a fifty-two week low of $113.80 and a fifty-two 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.