Brophy Wealth Management LLC Takes $1.93 Million Position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Brophy Wealth Management LLC purchased a new position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the third quarter, Holdings Channel.com reports. The fund purchased 14,561 shares of the company’s stock, valued at approximately $1,926,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Continuum Advisory LLC increased its stake in iShares Russell Mid-Cap Value ETF by 3.3% during the third quarter. Continuum Advisory LLC now owns 2,632 shares of the company’s stock worth $356,000 after acquiring an additional 85 shares during the last quarter. International Assets Investment Management LLC increased its position in shares of iShares Russell Mid-Cap Value ETF by 1.2% during the 2nd quarter. International Assets Investment Management LLC now owns 7,677 shares of the company’s stock worth $927,000 after purchasing an additional 88 shares during the last quarter. Connecticut Wealth Management LLC raised its holdings in iShares Russell Mid-Cap Value ETF by 0.3% in the 2nd quarter. Connecticut Wealth Management LLC now owns 27,719 shares of the company’s stock valued at $3,347,000 after buying an additional 90 shares during the period. Carlton Hofferkamp & Jenks Wealth Management LLC lifted its position in iShares Russell Mid-Cap Value ETF by 1.7% in the third quarter. Carlton Hofferkamp & Jenks Wealth Management LLC now owns 5,497 shares of the company’s stock valued at $718,000 after buying an additional 90 shares during the last quarter. Finally, Telos Capital Management Inc. boosted its stake in iShares Russell Mid-Cap Value ETF by 0.6% during the second quarter. Telos Capital Management Inc. now owns 17,461 shares of the company’s stock worth $2,108,000 after buying an additional 101 shares during the period.

iShares Russell Mid-Cap Value ETF Price Performance

Shares of IWS opened at $137.15 on Tuesday. The firm has a 50-day simple moving average of $134.56 and a two-hundred day simple moving average of $128.32. The stock has a market cap of $14.36 billion, a PE ratio of 17.15 and a beta of 0.97. iShares Russell Mid-Cap Value ETF has a 1-year low of $110.57 and a 1-year high of $140.95.

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.