Grimes & Company Inc. Has $248,000 Holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Grimes & Company Inc. cut its stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 7.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,980 shares of the company’s stock after selling 168 shares during the period. Grimes & Company Inc.’s holdings in iShares Russell Mid-Cap Value ETF were worth $248,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Morgan Stanley raised its holdings in shares of iShares Russell Mid-Cap Value ETF by 2.7% in the 3rd quarter. Morgan Stanley now owns 8,144,793 shares of the company’s stock worth $849,828,000 after buying an additional 215,822 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in iShares Russell Mid-Cap Value ETF by 4.8% during the 4th quarter. Jones Financial Companies Lllp now owns 7,518,850 shares of the company’s stock valued at $874,367,000 after purchasing an additional 341,582 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in iShares Russell Mid-Cap Value ETF by 29.5% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 3,127,508 shares of the company’s stock valued at $363,698,000 after purchasing an additional 712,662 shares in the last quarter. American Century Companies Inc. increased its holdings in iShares Russell Mid-Cap Value ETF by 47.9% during the 3rd quarter. American Century Companies Inc. now owns 2,280,405 shares of the company’s stock valued at $237,937,000 after purchasing an additional 738,640 shares in the last quarter. Finally, Royal Bank of Canada increased its holdings in iShares Russell Mid-Cap Value ETF by 8.5% during the 3rd quarter. Royal Bank of Canada now owns 2,185,582 shares of the company’s stock valued at $228,043,000 after purchasing an additional 172,145 shares in the last quarter.

iShares Russell Mid-Cap Value ETF Stock Up 0.3 %

IWS stock traded up $0.37 during midday trading on Friday, reaching $120.74. 173,998 shares of the company’s stock traded hands, compared to its average volume of 474,377. The company has a 50-day simple moving average of $121.64 and a two-hundred day simple moving average of $119.26. iShares Russell Mid-Cap Value ETF has a 1-year low of $97.40 and a 1-year high of $125.64. The company has a market cap of $12.64 billion, a price-to-earnings 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.