Pointe Capital Management LLC Invests $309,000 in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Pointe Capital Management LLC bought a new stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 2,658 shares of the company’s stock, valued at approximately $309,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Ballentine Partners LLC increased its stake in iShares Russell Mid-Cap Value ETF by 2.5% in the 4th quarter. Ballentine Partners LLC now owns 3,625 shares of the company’s stock valued at $422,000 after buying an additional 90 shares during the period. Private Trust Co. NA increased its holdings in shares of iShares Russell Mid-Cap Value ETF by 1.6% in the 4th quarter. Private Trust Co. NA now owns 6,284 shares of the company’s stock valued at $731,000 after purchasing an additional 100 shares in the last quarter. Glass Jacobson Investment Advisors llc lifted its stake in shares of iShares Russell Mid-Cap Value ETF by 2.7% in the third quarter. Glass Jacobson Investment Advisors llc now owns 3,935 shares of the company’s stock valued at $411,000 after purchasing an additional 103 shares during the period. Ausdal Financial Partners Inc. boosted its holdings in iShares Russell Mid-Cap Value ETF by 1.4% during the third quarter. Ausdal Financial Partners Inc. now owns 7,855 shares of the company’s stock worth $820,000 after buying an additional 107 shares in the last quarter. Finally, Stonegate Investment Group LLC grew its position in iShares Russell Mid-Cap Value ETF by 2.9% during the fourth quarter. Stonegate Investment Group LLC now owns 4,193 shares of the company’s stock worth $488,000 after buying an additional 118 shares during the period.

iShares Russell Mid-Cap Value ETF Price Performance

Shares of IWS stock traded up $0.96 during midday trading on Friday, reaching $120.70. 225,850 shares of the company traded hands, compared to its average volume of 561,273. The firm has a market cap of $13.45 billion, a PE ratio of 16.67 and a beta of 0.98. The firm’s 50 day simple moving average is $121.15 and its two-hundred day simple moving average is $114.39. iShares Russell Mid-Cap Value ETF has a 1-year low of $97.40 and a 1-year high of $125.64.

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.