JMG Financial Group Ltd. Cuts Stock Holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

JMG Financial Group Ltd. lowered its position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 0.9% in the third quarter, Holdings Channel.com reports. The fund owned 80,042 shares of the company’s stock after selling 747 shares during the quarter. iShares Russell Mid-Cap Value ETF makes up approximately 0.4% of JMG Financial Group Ltd.’s portfolio, making the stock its 26th biggest holding. JMG Financial Group Ltd.’s holdings in iShares Russell Mid-Cap Value ETF were worth $10,586,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Rothschild Investment LLC purchased a new position in iShares Russell Mid-Cap Value ETF in the 2nd quarter valued at $27,000. Tortoise Investment Management LLC purchased a new position in shares of iShares Russell Mid-Cap Value ETF in the second quarter worth about $32,000. Kimelman & Baird LLC acquired a new position in iShares Russell Mid-Cap Value ETF during the second quarter worth about $34,000. Palisade Asset Management LLC purchased a new stake in iShares Russell Mid-Cap Value ETF during the 1st quarter valued at about $39,000. Finally, Triad Wealth Partners LLC acquired a new stake in iShares Russell Mid-Cap Value ETF in the 2nd quarter valued at about $43,000.

iShares Russell Mid-Cap Value ETF Price Performance

Shares of iShares Russell Mid-Cap Value ETF stock opened at $131.81 on Thursday. The stock’s 50 day simple moving average is $130.10 and its 200-day simple moving average is $124.94. The stock has a market cap of $13.80 billion, a P/E ratio of 17.15 and a beta of 0.97. iShares Russell Mid-Cap Value ETF has a 1-year low of $97.40 and a 1-year high of $134.41.

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.