Choate Investment Advisors Invests $481,000 in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Choate Investment Advisors bought a new position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 3,719 shares of the company’s stock, valued at approximately $481,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IWS. Roxbury Financial LLC purchased a new stake in iShares Russell Mid-Cap Value ETF during the 4th quarter valued at about $25,000. Hoese & Co LLP purchased a new stake in iShares Russell Mid-Cap Value ETF during the 4th quarter valued at about $26,000. Kohmann Bosshard Financial Services LLC purchased a new stake in iShares Russell Mid-Cap Value ETF during the 4th quarter valued at about $26,000. Albion Financial Group UT purchased a new stake in iShares Russell Mid-Cap Value ETF during the 4th quarter valued at about $30,000. Finally, Crews Bank & Trust purchased a new stake in iShares Russell Mid-Cap Value ETF during the 4th quarter valued at about $33,000.

iShares Russell Mid-Cap Value ETF Stock Performance

Shares of IWS stock opened at $126.95 on Tuesday. iShares Russell Mid-Cap Value ETF has a one year low of $117.00 and a one year high of $140.95. The company’s 50-day moving average is $131.05 and its 200 day moving average is $132.11. The company has a market capitalization of $13.13 billion, a price-to-earnings ratio of 18.90 and a beta of 1.13.

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.