JMG Financial Group Ltd. Cuts Stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

JMG Financial Group Ltd. cut its holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 2.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 86,594 shares of the company’s stock after selling 2,253 shares during the quarter. iShares Russell Mid-Cap Value ETF makes up about 0.4% of JMG Financial Group Ltd.’s investment portfolio, making the stock its 26th largest position. JMG Financial Group Ltd.’s holdings in iShares Russell Mid-Cap Value ETF were worth $10,070,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. AlphaMark Advisors LLC purchased a new stake in shares of iShares Russell Mid-Cap Value ETF in the 4th quarter worth approximately $44,000. CVA Family Office LLC purchased a new stake in iShares Russell Mid-Cap Value ETF during the fourth quarter worth $48,000. Planned Solutions Inc. purchased a new stake in iShares Russell Mid-Cap Value ETF during the fourth quarter worth $49,000. Life Planning Partners Inc purchased a new position in shares of iShares Russell Mid-Cap Value ETF in the 4th quarter valued at $51,000. Finally, Financial Connections Group Inc. purchased a new position in shares of iShares Russell Mid-Cap Value ETF in the 4th quarter valued at $60,000.

iShares Russell Mid-Cap Value ETF Stock Up 0.9 %

Shares of NYSEARCA IWS traded up $1.06 during mid-day trading on Tuesday, reaching $119.86. 3,583,762 shares of the company were exchanged, compared to its average volume of 589,720. iShares Russell Mid-Cap Value ETF has a 1 year low of $97.40 and a 1 year high of $125.64. The firm has a 50-day moving average of $120.65 and a 200 day moving average of $113.52. The stock has a market cap of $13.50 billion, a price-to-earnings ratio of 17.27 and a beta of 0.99.

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.