Accredited Investors Inc. Purchases 2,215,933 Shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Accredited Investors Inc. boosted its position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 2,738.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,296,845 shares of the company’s stock after acquiring an additional 2,215,933 shares during the quarter. iShares Russell Mid-Cap Value ETF accounts for 7.6% of Accredited Investors Inc.’s holdings, making the stock its 5th largest holding. Accredited Investors Inc.’s holdings in iShares Russell Mid-Cap Value ETF were worth $303,758,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. SlateStone Wealth LLC acquired a new stake in iShares Russell Mid-Cap Value ETF during the 2nd quarter worth approximately $302,000. Strategic Financial Concepts LLC acquired a new position in iShares Russell Mid-Cap Value ETF during the 2nd quarter worth approximately $135,000. Marcum Wealth LLC grew its stake in iShares Russell Mid-Cap Value ETF by 7.7% in the second quarter. Marcum Wealth LLC now owns 4,804 shares of the company’s stock valued at $580,000 after acquiring an additional 345 shares during the period. Kestra Advisory Services LLC increased its holdings in shares of iShares Russell Mid-Cap Value ETF by 2.9% during the first quarter. Kestra Advisory Services LLC now owns 174,740 shares of the company’s stock valued at $21,900,000 after acquiring an additional 4,861 shares in the last quarter. Finally, Kimelman & Baird LLC acquired a new position in shares of iShares Russell Mid-Cap Value ETF during the second quarter worth approximately $34,000.

iShares Russell Mid-Cap Value ETF Stock Down 0.6 %

IWS stock traded down $0.81 during midday trading on Tuesday, reaching $136.71. 98,327 shares of the company’s stock traded hands, compared to its average volume of 396,535. The firm’s fifty day moving average price is $131.30 and its 200-day moving average price is $126.17. iShares Russell Mid-Cap Value ETF has a 52 week low of $102.01 and a 52 week high of $138.12. The company has a market cap of $14.31 billion, a price-to-earnings ratio of 17.15 and a beta of 0.97.

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.