Money Concepts Capital Corp Has $48.94 Million Stock Position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Money Concepts Capital Corp boosted its holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 7.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 378,394 shares of the company’s stock after acquiring an additional 26,018 shares during the quarter. iShares Russell Mid-Cap Value ETF makes up approximately 3.6% of Money Concepts Capital Corp’s holdings, making the stock its 5th biggest holding. Money Concepts Capital Corp’s holdings in iShares Russell Mid-Cap Value ETF were worth $48,941,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JP Wealth Management Inc. bought a new position in iShares Russell Mid-Cap Value ETF in the 4th quarter valued at approximately $759,000. Sequent Asset Management LLC bought a new position in shares of iShares Russell Mid-Cap Value ETF during the fourth quarter valued at $2,009,000. CENTRAL TRUST Co lifted its holdings in shares of iShares Russell Mid-Cap Value ETF by 1.2% during the fourth quarter. CENTRAL TRUST Co now owns 8,286 shares of the company’s stock worth $1,072,000 after purchasing an additional 98 shares during the period. McAdam LLC grew its stake in shares of iShares Russell Mid-Cap Value ETF by 3.1% in the fourth quarter. McAdam LLC now owns 53,205 shares of the company’s stock worth $6,882,000 after purchasing an additional 1,618 shares during the last quarter. Finally, Dougherty Wealth Advisers LLC increased its holdings in iShares Russell Mid-Cap Value ETF by 222.8% in the fourth quarter. Dougherty Wealth Advisers LLC now owns 4,638 shares of the company’s stock valued at $600,000 after purchasing an additional 3,201 shares during the period.

iShares Russell Mid-Cap Value ETF Trading Up 0.3 %

Shares of IWS stock opened at $133.01 on Wednesday. The stock has a 50-day moving average of $133.20 and a 200-day moving average of $131.27. The stock has a market cap of $13.93 billion, a price-to-earnings ratio of 17.15 and a beta of 0.97. iShares Russell Mid-Cap Value ETF has a 1-year low of $113.55 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.