iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) Stock Position Cut by Ballew Advisors Inc

Ballew Advisors Inc lessened its stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 7.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,631 shares of the company’s stock after selling 587 shares during the period. Ballew Advisors Inc’s holdings in iShares Russell Mid-Cap Value ETF were worth $866,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Worth Asset Management LLC bought a new position in shares of iShares Russell Mid-Cap Value ETF during the 1st quarter valued at about $26,000. Sunbelt Securities Inc. bought a new position in shares of iShares Russell Mid-Cap Value ETF during the 1st quarter valued at about $28,000. Ambassador Advisors LLC bought a new position in shares of iShares Russell Mid-Cap Value ETF during the 4th quarter valued at about $28,000. Pin Oak Investment Advisors Inc. boosted its position in shares of iShares Russell Mid-Cap Value ETF by 128.9% during the 2nd quarter. Pin Oak Investment Advisors Inc. now owns 293 shares of the company’s stock valued at $32,000 after purchasing an additional 165 shares in the last quarter. Finally, Indiana Trust & Investment Management CO bought a new position in shares of iShares Russell Mid-Cap Value ETF during the 3rd quarter valued at about $37,000.

iShares Russell Mid-Cap Value ETF Stock Performance

Shares of NYSEARCA:IWS traded up $0.44 during trading hours on Thursday, hitting $125.33. 274,725 shares of the company’s stock traded hands, compared to its average volume of 538,935. iShares Russell Mid-Cap Value ETF has a 52 week low of $97.40 and a 52 week high of $125.64. The company’s fifty day simple moving average is $118.56 and its two-hundred day simple moving average is $111.57. The company has a market cap of $14.51 billion, a price-to-earnings ratio of 12.62 and a beta of 1.08.

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.