Steward Partners Investment Advisory LLC Invests $7 Million in iShares Russell Midcap Value Index (NYSEARCA:IWS) Stock

Steward Partners Investment Advisory LLC bought a new stake in iShares Russell Midcap Value Index (NYSEARCA:IWS) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 82,444 shares of the company’s stock, valued at approximately $7,001,000. Steward Partners Investment Advisory LLC owned 0.07% of iShares Russell Midcap Value Index as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Public Employees Retirement System of Ohio grew its stake in shares of iShares Russell Midcap Value Index by 22.0% in the third quarter. Public Employees Retirement System of Ohio now owns 203,200 shares of the company’s stock valued at $17,258,000 after buying an additional 36,700 shares in the last quarter. Betterment LLC grew its stake in shares of iShares Russell Midcap Value Index by 2.6% in the third quarter. Betterment LLC now owns 569,961 shares of the company’s stock valued at $48,407,000 after buying an additional 14,466 shares in the last quarter. Cetera Advisors LLC grew its stake in shares of iShares Russell Midcap Value Index by 4.6% in the third quarter. Cetera Advisors LLC now owns 20,622 shares of the company’s stock valued at $1,756,000 after buying an additional 900 shares in the last quarter. Parallel Advisors LLC grew its stake in shares of iShares Russell Midcap Value Index by 100.3% in the third quarter. Parallel Advisors LLC now owns 1,997 shares of the company’s stock valued at $172,000 after buying an additional 1,000 shares in the last quarter. Finally, Virtu Financial LLC grew its stake in shares of iShares Russell Midcap Value Index by 120.7% in the third quarter. Virtu Financial LLC now owns 14,837 shares of the company’s stock valued at $1,260,000 after buying an additional 8,114 shares in the last quarter.

Shares of iShares Russell Midcap Value Index (NYSEARCA IWS) traded down $0.34 during midday trading on Friday, hitting $89.15. The stock had a trading volume of 358,237 shares, compared to its average volume of 458,704. iShares Russell Midcap Value Index has a twelve month low of $80.23 and a twelve month high of $89.80. The firm has a market capitalization of $11,060.00 and a PE ratio of 12.28.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 28th. Stockholders of record on Friday, December 22nd were paid a $0.5007 dividend. The ex-dividend date of this dividend was Thursday, December 21st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.25%. iShares Russell Midcap Value Index’s payout ratio is presently 24.10%.

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iShares Russell Midcap Value Index 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.

Institutional Ownership by Quarter for iShares Russell Midcap Value Index (NYSEARCA:IWS)

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