Sequoia Financial Advisors LLC Sells 577 Shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Sequoia Financial Advisors LLC trimmed its position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 5.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,708 shares of the company’s stock after selling 577 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $1,416,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Envestnet Portfolio Solutions Inc. boosted its position in shares of iShares Russell Mid-Cap Value ETF by 29.4% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 4,046,878 shares of the company’s stock valued at $507,195,000 after purchasing an additional 919,370 shares in the last quarter. SlateStone Wealth LLC purchased a new stake in shares of iShares Russell Mid-Cap Value ETF in the 2nd quarter worth about $302,000. Strategic Financial Concepts LLC bought a new position in shares of iShares Russell Mid-Cap Value ETF in the 2nd quarter worth about $135,000. Marcum Wealth LLC lifted its position in iShares Russell Mid-Cap Value ETF by 7.7% during the 2nd 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. Finally, Kestra Advisory Services LLC boosted its stake in 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 worth $21,900,000 after acquiring an additional 4,861 shares in the last quarter.

iShares Russell Mid-Cap Value ETF Stock Performance

Shares of NYSEARCA IWS opened at $132.02 on Friday. The company has a 50 day simple moving average of $130.22 and a two-hundred day simple moving average of $124.99. 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 $13.82 billion, a price-to-earnings ratio of 17.15 and a beta of 0.97.

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.