iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) Shares Sold by Covenant Partners LLC

Covenant Partners LLC decreased its stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 4.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 175,216 shares of the company’s stock after selling 7,301 shares during the quarter. iShares Russell Mid-Cap Value ETF makes up 6.7% of Covenant Partners LLC’s holdings, making the stock its 5th biggest position. Covenant Partners LLC owned about 0.17% of iShares Russell Mid-Cap Value ETF worth $23,172,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Sunbelt Securities Inc. purchased a new stake in iShares Russell Mid-Cap Value ETF during the 1st quarter worth approximately $112,000. Brookstone Capital Management lifted its holdings in iShares Russell Mid-Cap Value ETF by 5.2% in the 1st quarter. Brookstone Capital Management now owns 6,491 shares of the company’s stock valued at $814,000 after purchasing an additional 323 shares in the last quarter. Stephens Group Asset Management LLC boosted its stake in iShares Russell Mid-Cap Value ETF by 0.9% during the 1st quarter. Stephens Group Asset Management LLC now owns 681,100 shares of the company’s stock worth $85,362,000 after purchasing an additional 6,047 shares during the last quarter. Richardson Capital Management LLC purchased a new stake in shares of iShares Russell Mid-Cap Value ETF during the first quarter worth $372,000. Finally, Breakwater Capital Group grew its holdings in shares of iShares Russell Mid-Cap Value ETF by 3.9% during the first quarter. Breakwater Capital Group now owns 2,742 shares of the company’s stock worth $344,000 after buying an additional 103 shares in the last quarter.

iShares Russell Mid-Cap Value ETF Stock Performance

Shares of NYSEARCA:IWS traded down $0.78 during midday trading on Friday, hitting $131.24. The company’s stock had a trading volume of 211,611 shares, compared to its average volume of 408,544. The company has a market cap of $13.74 billion, a P/E ratio of 17.15 and a beta of 0.97. iShares Russell Mid-Cap Value ETF has a 12-month low of $97.40 and a 12-month high of $134.41. The business’s 50 day simple moving average is $130.32 and its 200 day simple moving average is $125.04.

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.