Arcadia Wealth Management LLC Cuts Stock Holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Arcadia Wealth Management LLC lowered its position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 6.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 4,764 shares of the company’s stock after selling 339 shares during the quarter. Arcadia Wealth Management LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $616,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. boosted its stake in iShares Russell Mid-Cap Value ETF by 0.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 711,365 shares of the company’s stock worth $94,078,000 after purchasing an additional 3,307 shares during the last quarter. Barclays PLC purchased a new stake in iShares Russell Mid-Cap Value ETF during the 3rd quarter valued at about $635,000. Arkadios Wealth Advisors raised its holdings in iShares Russell Mid-Cap Value ETF by 3.9% in the 4th quarter. Arkadios Wealth Advisors now owns 6,312 shares of the company’s stock valued at $816,000 after acquiring an additional 236 shares during the last quarter. Brookstone Capital Management lifted its stake in iShares Russell Mid-Cap Value ETF by 10.1% in the 4th quarter. Brookstone Capital Management now owns 8,198 shares of the company’s stock worth $1,060,000 after purchasing an additional 751 shares in the last quarter. Finally, NBC Securities Inc. boosted its holdings in shares of iShares Russell Mid-Cap Value ETF by 3.0% during the 3rd quarter. NBC Securities Inc. now owns 7,099 shares of the company’s stock worth $938,000 after purchasing an additional 205 shares during the last quarter.

iShares Russell Mid-Cap Value ETF Stock Performance

NYSEARCA:IWS opened at $134.74 on Friday. iShares Russell Mid-Cap Value ETF has a one year low of $113.55 and a one year high of $140.95. The stock has a market cap of $14.11 billion, a PE ratio of 17.15 and a beta of 0.97. The stock has a 50 day moving average price of $133.59 and a 200 day moving average price of $131.04.

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.