Eastern Bank Acquires Shares of 660 iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Eastern Bank bought a new position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 660 shares of the company’s stock, valued at approximately $87,000.

Several other hedge funds have also made changes to their positions in the business. Biltmore Family Office LLC boosted its stake in shares of iShares Russell Mid-Cap Value ETF by 27.7% during the first quarter. Biltmore Family Office LLC now owns 396 shares of the company’s stock worth $50,000 after buying an additional 86 shares during the period. Cooper Financial Group boosted its stake in shares of iShares Russell Mid-Cap Value ETF by 2.2% during the second quarter. Cooper Financial Group now owns 4,083 shares of the company’s stock worth $493,000 after buying an additional 88 shares during the period. International Assets Investment Management LLC boosted its stake in shares of iShares Russell Mid-Cap Value ETF by 1.2% during the second quarter. International Assets Investment Management LLC now owns 7,677 shares of the company’s stock worth $927,000 after buying an additional 88 shares during the period. Connecticut Wealth Management LLC boosted its stake in shares of iShares Russell Mid-Cap Value ETF by 0.3% during the second quarter. Connecticut Wealth Management LLC now owns 27,719 shares of the company’s stock worth $3,347,000 after buying an additional 90 shares during the period. Finally, Freestone Capital Holdings LLC boosted its stake in shares of iShares Russell Mid-Cap Value ETF by 1.5% during the first quarter. Freestone Capital Holdings LLC now owns 6,045 shares of the company’s stock worth $758,000 after buying an additional 91 shares during the period.

iShares Russell Mid-Cap Value ETF Stock Performance

Shares of IWS opened at $131.24 on Friday. iShares Russell Mid-Cap Value ETF has a fifty-two week low of $97.40 and a fifty-two week high of $134.41. The company has a market capitalization of $13.74 billion, a price-to-earnings ratio of 17.15 and a beta of 0.97. The firm has a 50-day simple moving average of $130.32 and a 200-day simple moving average of $125.04.

iShares Russell Mid-Cap Value ETF 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.