Truist Financial Corp Trims Position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Truist Financial Corp lessened its position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 3.1% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 640,592 shares of the company’s stock after selling 20,495 shares during the quarter. Truist Financial Corp owned 0.54% of iShares Russell Mid-Cap Value ETF worth $68,031,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Worth Asset Management LLC bought a new stake in iShares Russell Mid-Cap Value ETF during the first quarter valued at about $26,000. BerganKDV Wealth Management LLC grew its holdings in iShares Russell Mid-Cap Value ETF by 117.1% during the first quarter. BerganKDV Wealth Management LLC now owns 254 shares of the company’s stock valued at $27,000 after purchasing an additional 137 shares during the period. NewSquare Capital LLC bought a new stake in iShares Russell Mid-Cap Value ETF during the first quarter valued at about $28,000. Ambassador Advisors LLC bought a new stake in iShares Russell Mid-Cap Value ETF during the fourth quarter valued at about $28,000. Finally, U.S. Capital Wealth Advisors LLC bought a new stake in iShares Russell Mid-Cap Value ETF during the fourth quarter valued at about $30,000.

iShares Russell Mid-Cap Value ETF Stock Performance

NYSEARCA:IWS opened at $112.28 on Friday. The stock has a 50-day simple moving average of $109.48 and a two-hundred day simple moving average of $108.05. iShares Russell Mid-Cap Value ETF has a 52-week low of $94.32 and a 52-week high of $116.73. The firm has a market capitalization of $13.00 billion, a PE ratio of 12.62 and a beta of 1.08.

iShares Russell Mid-Cap Value ETF Company 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.