Envestnet Asset Management Inc. Reduces Position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Envestnet Asset Management Inc. decreased its holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 7.3% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 793,561 shares of the company’s stock after selling 62,353 shares during the quarter. Envestnet Asset Management Inc. owned 0.76% of iShares Russell Mid-Cap Value ETF worth $95,815,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Biltmore Family Office LLC raised its holdings in shares of iShares Russell Mid-Cap Value ETF by 27.7% during the first quarter. Biltmore Family Office LLC now owns 396 shares of the company’s stock valued at $50,000 after purchasing an additional 86 shares during the last quarter. Cooper Financial Group lifted its holdings in shares of iShares Russell Mid-Cap Value ETF by 2.2% during the 2nd quarter. Cooper Financial Group now owns 4,083 shares of the company’s stock valued at $493,000 after buying an additional 88 shares during the period. International Assets Investment Management LLC boosted its stake in shares of iShares Russell Mid-Cap Value ETF by 1.2% in the 2nd quarter. International Assets Investment Management LLC now owns 7,677 shares of the company’s stock worth $927,000 after buying an additional 88 shares during the last quarter. Freestone Capital Holdings LLC grew its holdings in shares of iShares Russell Mid-Cap Value ETF by 1.5% in the first quarter. Freestone Capital Holdings LLC now owns 6,045 shares of the company’s stock worth $758,000 after acquiring an additional 91 shares during the period. Finally, Guardian Asset Advisors LLC increased its position in iShares Russell Mid-Cap Value ETF by 2.4% during the second quarter. Guardian Asset Advisors LLC now owns 3,896 shares of the company’s stock valued at $471,000 after acquiring an additional 92 shares during the last quarter.

iShares Russell Mid-Cap Value ETF Stock Performance

Shares of NYSEARCA:IWS opened at $130.54 on Wednesday. The stock’s 50-day simple moving average is $126.11 and its two-hundred day simple moving average is $123.18. The stock has a market capitalization of $13.67 billion, a price-to-earnings ratio of 17.15 and a beta of 0.97. iShares Russell Mid-Cap Value ETF has a 52-week low of $97.40 and a 52-week high of $131.32.

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.