Essex Financial Services Inc. Reduces Position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Essex Financial Services Inc. trimmed its holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 20.6% during the fourth quarter, HoldingsChannel reports. The firm owned 4,407 shares of the company’s stock after selling 1,144 shares during the period. Essex Financial Services Inc.’s holdings in iShares Russell Mid-Cap Value ETF were worth $570,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Hoese & Co LLP purchased a new stake in shares of iShares Russell Mid-Cap Value ETF in the fourth quarter valued at about $26,000. American Capital Advisory LLC raised its stake in iShares Russell Mid-Cap Value ETF by 100.0% during the third quarter. American Capital Advisory LLC now owns 220 shares of the company’s stock worth $29,000 after purchasing an additional 110 shares during the period. Albion Financial Group UT acquired a new position in iShares Russell Mid-Cap Value ETF in the 4th quarter valued at about $30,000. Crews Bank & Trust purchased a new stake in shares of iShares Russell Mid-Cap Value ETF in the 4th quarter valued at approximately $33,000. Finally, Legacy Investment Solutions LLC acquired a new stake in shares of iShares Russell Mid-Cap Value ETF during the 3rd quarter worth approximately $34,000.

iShares Russell Mid-Cap Value ETF Stock Performance

IWS opened at $131.59 on Thursday. The stock has a market capitalization of $13.78 billion, a PE ratio of 17.15 and a beta of 0.97. iShares Russell Mid-Cap Value ETF has a one year low of $113.80 and a one year high of $140.95. The business’s 50 day moving average price is $132.40 and its 200 day moving average price is $131.54.

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.