iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) is Powell Investment Advisors LLC’s 9th Largest Position

Powell Investment Advisors LLC increased its stake in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 1.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 49,527 shares of the company’s stock after purchasing an additional 533 shares during the period. iShares Russell Mid-Cap Value ETF makes up approximately 3.0% of Powell Investment Advisors LLC’s investment portfolio, making the stock its 9th largest position. Powell Investment Advisors LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $6,406,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. Brookstone Capital Management boosted its position in iShares Russell Mid-Cap Value ETF by 5.2% in the 3rd quarter. Brookstone Capital Management now owns 7,447 shares of the company’s stock valued at $985,000 after buying an additional 371 shares during the period. Valeo Financial Advisors LLC boosted its position in iShares Russell Mid-Cap Value ETF by 5.0% in the 3rd quarter. Valeo Financial Advisors LLC now owns 3,725 shares of the company’s stock valued at $492,000 after buying an additional 179 shares during the period. Annex Advisory Services LLC boosted its position in iShares Russell Mid-Cap Value ETF by 22.4% in the 3rd quarter. Annex Advisory Services LLC now owns 3,014 shares of the company’s stock valued at $399,000 after buying an additional 551 shares during the period. Concourse Financial Group Securities Inc. boosted its position in iShares Russell Mid-Cap Value ETF by 8.7% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 23,276 shares of the company’s stock valued at $3,078,000 after buying an additional 1,868 shares during the period. Finally, Accelerate Investment Advisors LLC purchased a new position in iShares Russell Mid-Cap Value ETF in the 3rd quarter valued at approximately $214,000.

iShares Russell Mid-Cap Value ETF Stock Down 0.5 %

Shares of IWS stock opened at $132.87 on Monday. iShares Russell Mid-Cap Value ETF has a 52 week low of $113.80 and a 52 week high of $140.95. The firm has a 50 day moving average of $132.80 and a two-hundred day moving average of $131.44. The stock has a market capitalization of $13.91 billion, a PE ratio of 17.15 and a beta of 0.97.

iShares Russell Mid-Cap Value ETF Profile

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.