Sandy Spring Bank Sells 545 Shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Sandy Spring Bank cut its position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 10.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 4,847 shares of the company’s stock after selling 545 shares during the quarter. Sandy Spring Bank’s holdings in iShares Russell Mid-Cap Value ETF were worth $627,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Roxbury Financial LLC acquired a new position in iShares Russell Mid-Cap Value ETF during the fourth quarter worth $25,000. Hoese & Co LLP acquired a new stake in iShares Russell Mid-Cap Value ETF during the fourth quarter worth about $26,000. Kohmann Bosshard Financial Services LLC acquired a new stake in iShares Russell Mid-Cap Value ETF during the fourth quarter worth about $26,000. Albion Financial Group UT purchased a new position in iShares Russell Mid-Cap Value ETF during the fourth quarter worth about $30,000. Finally, Crews Bank & Trust purchased a new position in iShares Russell Mid-Cap Value ETF during the fourth quarter worth about $33,000.

iShares Russell Mid-Cap Value ETF Price Performance

Shares of IWS stock opened at $125.83 on Friday. The company has a 50-day moving average of $130.82 and a two-hundred day moving average of $131.98. iShares Russell Mid-Cap Value ETF has a 1-year low of $117.00 and a 1-year high of $140.95. The firm has a market cap of $13.02 billion, a PE ratio of 18.90 and a beta of 1.13.

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.