Sequoia Financial Advisors LLC Decreases Stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Sequoia Financial Advisors LLC lowered its holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 2.9% during the first quarter, Holdings Channel reports. The fund owned 11,017 shares of the company’s stock after selling 324 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $1,381,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Vance Wealth Inc. increased its stake in shares of iShares Russell Mid-Cap Value ETF by 10.1% in the first quarter. Vance Wealth Inc. now owns 39,979 shares of the company’s stock worth $5,011,000 after acquiring an additional 3,664 shares during the period. SkyOak Wealth LLC increased its stake in shares of iShares Russell Mid-Cap Value ETF by 4.5% in the first quarter. SkyOak Wealth LLC now owns 2,480 shares of the company’s stock worth $311,000 after acquiring an additional 107 shares during the period. Commonwealth Equity Services LLC increased its stake in shares of iShares Russell Mid-Cap Value ETF by 1.0% in the first quarter. Commonwealth Equity Services LLC now owns 2,393,973 shares of the company’s stock worth $300,037,000 after acquiring an additional 24,728 shares during the period. FAS Wealth Partners Inc. increased its stake in shares of iShares Russell Mid-Cap Value ETF by 0.6% in the first quarter. FAS Wealth Partners Inc. now owns 22,148 shares of the company’s stock worth $2,776,000 after acquiring an additional 142 shares during the period. Finally, Principal Financial Group Inc. increased its stake in shares of iShares Russell Mid-Cap Value ETF by 20.5% in the first quarter. Principal Financial Group Inc. now owns 82,200 shares of the company’s stock worth $10,302,000 after acquiring an additional 14,000 shares during the period.

iShares Russell Mid-Cap Value ETF Stock Down 0.4 %

Shares of NYSEARCA:IWS traded down $0.53 during midday trading on Friday, reaching $119.52. The company’s stock had a trading volume of 163,233 shares, compared to its average volume of 468,632. The firm has a market capitalization of $12.51 billion, a PE ratio of 17.15 and a beta of 0.97. iShares Russell Mid-Cap Value ETF has a twelve month low of $97.40 and a twelve month high of $125.64. The stock has a fifty day moving average of $121.66 and a 200 day moving average of $119.44.

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.