Hsbc Holdings PLC Acquires 114,266 Shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Hsbc Holdings PLC increased its stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 95.7% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 233,692 shares of the company’s stock after acquiring an additional 114,266 shares during the quarter. Hsbc Holdings PLC owned 0.22% of iShares Russell Mid-Cap Value ETF worth $28,216,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of IWS. Mitchell Sinkler & Starr PA acquired a new position in iShares Russell Mid-Cap Value ETF during the 4th quarter worth approximately $26,000. Able Wealth Management LLC bought a new stake in shares of iShares Russell Mid-Cap Value ETF during the fourth quarter valued at approximately $26,000. Rothschild Investment LLC bought a new stake in shares of iShares Russell Mid-Cap Value ETF during the second quarter valued at approximately $27,000. Tortoise Investment Management LLC acquired a new position in shares of iShares Russell Mid-Cap Value ETF during the second quarter worth approximately $32,000. Finally, LifeSteps Financial Inc. bought a new position in shares of iShares Russell Mid-Cap Value ETF in the 1st quarter worth $38,000.

iShares Russell Mid-Cap Value ETF Trading Down 0.6 %

Shares of IWS stock opened at $131.08 on Friday. The firm has a market capitalization of $13.72 billion, a PE ratio of 17.15 and a beta of 0.97. The firm has a fifty day simple moving average of $126.84 and a two-hundred day simple moving average of $123.46. iShares Russell Mid-Cap Value ETF has a 12 month low of $97.40 and a 12 month high of $132.51.

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.