Wescott Financial Advisory Group LLC Cuts Stock Position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Wescott Financial Advisory Group LLC lessened its holdings in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 13.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 235,949 shares of the company’s stock after selling 36,021 shares during the period. iShares Russell Mid-Cap Value ETF makes up 3.4% of Wescott Financial Advisory Group LLC’s portfolio, making the stock its 9th biggest position. Wescott Financial Advisory Group LLC owned approximately 0.23% of iShares Russell Mid-Cap Value ETF worth $31,204,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of IWS. SlateStone Wealth LLC bought a new stake in iShares Russell Mid-Cap Value ETF in the 2nd quarter valued at approximately $302,000. Strategic Financial Concepts LLC bought a new stake in iShares Russell Mid-Cap Value ETF in the 2nd quarter valued at approximately $135,000. Marcum Wealth LLC lifted its stake in iShares Russell Mid-Cap Value ETF by 7.7% in the 2nd quarter. Marcum Wealth LLC now owns 4,804 shares of the company’s stock valued at $580,000 after acquiring an additional 345 shares in the last quarter. Kimelman & Baird LLC bought a new stake in iShares Russell Mid-Cap Value ETF in the 2nd quarter valued at approximately $34,000. Finally, NBC Securities Inc. lifted its stake in iShares Russell Mid-Cap Value ETF by 3.0% in the 3rd quarter. NBC Securities Inc. now owns 7,099 shares of the company’s stock valued at $938,000 after acquiring an additional 205 shares in the last quarter.

iShares Russell Mid-Cap Value ETF Stock Performance

NYSEARCA IWS opened at $138.63 on Friday. The stock has a market capitalization of $14.51 billion, a price-to-earnings ratio of 17.15 and a beta of 0.97. The stock’s 50 day moving average price is $132.83 and its two-hundred day moving average price is $127.07. iShares Russell Mid-Cap Value ETF has a 52 week low of $106.71 and a 52 week high of $138.89.

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.