Summit Wealth Partners LLC Cuts Holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Summit Wealth Partners LLC decreased its position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 38.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,016 shares of the company’s stock after selling 1,270 shares during the period. Summit Wealth Partners LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $261,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its position in shares of iShares Russell Mid-Cap Value ETF by 0.5% during the third quarter. JPMorgan Chase & Co. now owns 711,365 shares of the company’s stock valued at $94,078,000 after purchasing an additional 3,307 shares in the last quarter. Barclays PLC purchased a new position in shares of iShares Russell Mid-Cap Value ETF during the third quarter valued at about $635,000. Arkadios Wealth Advisors grew its position in iShares Russell Mid-Cap Value ETF by 3.9% in the fourth quarter. Arkadios Wealth Advisors now owns 6,312 shares of the company’s stock worth $816,000 after acquiring an additional 236 shares in the last quarter. Brookstone Capital Management grew its position in iShares Russell Mid-Cap Value ETF by 10.1% in the fourth quarter. Brookstone Capital Management now owns 8,198 shares of the company’s stock worth $1,060,000 after acquiring an additional 751 shares in the last quarter. Finally, NBC Securities Inc. grew its position in iShares Russell Mid-Cap Value ETF by 3.0% in the third quarter. NBC Securities Inc. now owns 7,099 shares of the company’s stock worth $938,000 after acquiring an additional 205 shares in the last quarter.

iShares Russell Mid-Cap Value ETF Trading Up 0.6 %

IWS opened at $133.79 on Thursday. The firm has a market cap of $14.01 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 $113.80 and a 12 month high of $140.95. The stock has a 50-day moving average of $133.08 and a 200 day moving average of $131.29.

iShares Russell Mid-Cap Value ETF 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.