Verdence Capital Advisors LLC Makes New Investment in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Verdence Capital Advisors LLC purchased a new stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,734 shares of the company’s stock, valued at approximately $202,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. RIA Advisory Group LLC purchased a new stake in shares of iShares Russell Mid-Cap Value ETF during the fourth quarter valued at $99,000. Davidson Trust Co. purchased a new position in shares of iShares Russell Mid-Cap Value ETF in the fourth quarter worth approximately $333,000. Hapanowicz & Associates Financial Services Inc raised its holdings in shares of iShares Russell Mid-Cap Value ETF by 1.7% during the fourth quarter. Hapanowicz & Associates Financial Services Inc now owns 165,359 shares of the company’s stock valued at $19,230,000 after acquiring an additional 2,755 shares during the period. ADE LLC boosted its stake in iShares Russell Mid-Cap Value ETF by 4.2% in the 4th quarter. ADE LLC now owns 6,948 shares of the company’s stock worth $808,000 after purchasing an additional 279 shares during the period. Finally, Fidelis Capital Partners LLC grew its position in iShares Russell Mid-Cap Value ETF by 344.9% during the 4th quarter. Fidelis Capital Partners LLC now owns 17,579 shares of the company’s stock worth $2,044,000 after purchasing an additional 13,628 shares in the last quarter.

iShares Russell Mid-Cap Value ETF Stock Up 0.9 %

IWS opened at $119.86 on Wednesday. iShares Russell Mid-Cap Value ETF has a 12-month low of $97.40 and a 12-month high of $125.64. The firm has a market capitalization of $13.50 billion, a P/E ratio of 17.27 and a beta of 0.99. The stock has a fifty day moving average of $120.65 and a 200-day moving average of $113.52.

iShares Russell Mid-Cap Value ETF Company 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.