Sagespring Wealth Partners LLC Makes New $451,000 Investment in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Sagespring Wealth Partners LLC acquired a new stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 3,489 shares of the company’s stock, valued at approximately $451,000.

A number of other hedge funds have also recently modified their holdings of IWS. Raymond James Financial Inc. acquired a new position in iShares Russell Mid-Cap Value ETF in the fourth quarter valued at approximately $97,688,000. Jones Financial Companies Lllp lifted its stake in shares of iShares Russell Mid-Cap Value ETF by 6.7% in the 4th quarter. Jones Financial Companies Lllp now owns 9,320,249 shares of the company’s stock valued at $1,205,481,000 after purchasing an additional 583,892 shares during the period. Anchor Capital Advisors LLC lifted its stake in shares of iShares Russell Mid-Cap Value ETF by 137.2% in the 4th quarter. Anchor Capital Advisors LLC now owns 498,392 shares of the company’s stock valued at $64,462,000 after purchasing an additional 288,246 shares during the period. Reinhart Partners LLC. purchased a new stake in iShares Russell Mid-Cap Value ETF during the fourth quarter worth $31,755,000. Finally, Wells Fargo & Company MN grew its position in iShares Russell Mid-Cap Value ETF by 6.3% during the fourth quarter. Wells Fargo & Company MN now owns 4,069,223 shares of the company’s stock valued at $526,313,000 after buying an additional 241,870 shares during the period.

iShares Russell Mid-Cap Value ETF Stock Performance

Shares of iShares Russell Mid-Cap Value ETF stock opened at $118.49 on Wednesday. iShares Russell Mid-Cap Value ETF has a fifty-two week low of $108.85 and a fifty-two week high of $140.95. The company has a market cap of $12.47 billion, a P/E ratio of 17.34 and a beta of 1.02. The firm has a 50-day simple moving average of $126.03 and a two-hundred day simple moving average of $130.83.

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.