Sequoia Financial Advisors LLC Has $963,000 Position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Sequoia Financial Advisors LLC lowered its stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 30.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,442 shares of the company’s stock after selling 3,266 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $963,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Strategic Financial Concepts LLC acquired a new stake in shares of iShares Russell Mid-Cap Value ETF in the fourth quarter valued at approximately $153,000. JPMorgan Chase & Co. increased its holdings in shares of iShares Russell Mid-Cap Value ETF by 0.5% in the third quarter. JPMorgan Chase & Co. now owns 711,365 shares of the company’s stock valued at $94,078,000 after purchasing an additional 3,307 shares in the last quarter. Barclays PLC acquired a new stake in shares of iShares Russell Mid-Cap Value ETF in the third quarter valued at approximately $635,000. Arkadios Wealth Advisors increased its holdings in shares of iShares Russell Mid-Cap Value ETF by 3.9% in the fourth quarter. Arkadios Wealth Advisors now owns 6,312 shares of the company’s stock valued at $816,000 after purchasing an additional 236 shares in the last quarter. Finally, Robertson Stephens Wealth Management LLC increased its holdings in shares of iShares Russell Mid-Cap Value ETF by 16.8% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 4,487 shares of the company’s stock valued at $580,000 after purchasing an additional 644 shares in the last quarter.

iShares Russell Mid-Cap Value ETF Price Performance

Shares of iShares Russell Mid-Cap Value ETF stock opened at $125.20 on Monday. The firm has a 50 day simple moving average of $131.11 and a 200 day simple moving average of $132.13. iShares Russell Mid-Cap Value ETF has a fifty-two week low of $117.00 and a fifty-two week high of $140.95. The firm has a market cap of $12.95 billion, a P/E ratio of 18.90 and a beta of 1.13.

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.