This article first appeared on GuruFocus.
In Monday’s ETF activity, iShares Russell Mid-Cap Value ETF (IWS) was the sole seller among the funds tracked, with no ETFs buying. IWS sold $427.3 million of stock and bought nothing, decreasing 698 positions and increasing none. The fund’s gross traded volume of $427.3 million matched its net outflow, against $15.25 billion in assets under management.
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What did IWS sell on Monday?
Its largest sells by dollar value were PSX ($4.6 million), HPE ($3.3 million) and MRNA ($3.1 million).
The largest sale was $4.6 million of Phillips 66 (PSX), which remains the fund’s top holding at 1.06% of assets. It also trimmed $3.3 million of Hewlett Packard Enterprise (HPE), $3.1 million of Moderna (MRNA), $2.9 million of Marathon Petroleum (MPC) and $2.8 million of Kinder Morgan (KMI). None of the trades opened a new position or fully exited a holding.
How does IWS invest?
iShares Russell Mid-Cap Value ETF (IWS) is an Equity US Sm&Mid Cap fund in the Equity asset class, holding 703 stocks with 6.9% of assets in its 10 largest holdings. Its largest sectors are Financial Services at 15.8%, Industrials at 14.6% and Technology at 13.9%, and its market-cap mix is 86.4% large cap, 13.5% mid cap and 0.1% small cap. It has an expense ratio of 0.23%, a GF Score of 78, a P/E of 17.08, a P/B of 2.09, a dividend yield of 1.41% and a year-to-date return of 20.99%. Its top holdings are Phillips 66 at 1.06%, Hewlett Packard Enterprise at 0.76%, Moderna at 0.71%, Marathon Petroleum at 0.66% and Allstate at 0.66%.
iShares Russell Mid-Cap Value ETF (IWS) at a glance
See the full iShares Russell Mid-Cap Value ETF profile, or compare it with similar funds in the ETF Screener. For the stock behind its biggest sell, see PSX’s GF Value page and guru trades.
