FineMark National Bank & Trust Purchases 1,685 Shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

FineMark National Bank & Trust boosted its position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 11.5% in the fourth quarter, HoldingsChannel reports. The firm owned 16,372 shares of the company’s stock after buying an additional 1,685 shares during the quarter. FineMark National Bank & Trust’s holdings in iShares Russell Mid-Cap Value ETF were worth $2,118,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC purchased a new position in shares of iShares Russell Mid-Cap Value ETF in the 4th quarter worth approximately $153,000. JPMorgan Chase & Co. lifted its holdings in iShares Russell Mid-Cap Value ETF by 0.5% during the third quarter. JPMorgan Chase & Co. now owns 711,365 shares of the company’s stock worth $94,078,000 after acquiring an additional 3,307 shares during the period. Barclays PLC bought a new stake in iShares Russell Mid-Cap Value ETF during the third quarter worth $635,000. Arkadios Wealth Advisors boosted its position in 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 worth $816,000 after purchasing an additional 236 shares during the last quarter. Finally, Robertson Stephens Wealth Management LLC grew its stake in iShares Russell Mid-Cap Value ETF by 16.8% in the 4th 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 during the period.

iShares Russell Mid-Cap Value ETF Price Performance

Shares of iShares Russell Mid-Cap Value ETF stock opened at $127.80 on Wednesday. The stock has a fifty day moving average price of $130.75 and a 200-day moving average price of $132.05. The firm has a market cap of $13.51 billion, a PE ratio of 18.92 and a beta of 1.13. iShares Russell Mid-Cap Value ETF has a 1 year low of $117.00 and a 1 year high of $140.95.

About iShares Russell Mid-Cap Value ETF

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.