iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS – Get Free Report) shares reached a new 52-week high on Thursday . The stock traded as high as $166.86 and last traded at $166.76, with a volume of 14410 shares traded. The stock had previously closed at $164.60.
iShares Russell Mid-Cap Value ETF Stock Up 0.6%
The stock has a market cap of $15.77 billion, a P/E ratio of 19.11 and a beta of 0.95. The business has a 50-day simple moving average of $159.71 and a 200-day simple moving average of $152.06.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of IWS. Eastern Bank raised its holdings in iShares Russell Mid-Cap Value ETF by 39.4% in the 2nd quarter. Eastern Bank now owns 2,396 shares of the company’s stock worth $394,000 after acquiring an additional 677 shares during the period. Basecamp Wealth Advisors LLC bought a new stake in iShares Russell Mid-Cap Value ETF during the first quarter valued at about $44,000. NewEdge Advisors LLC boosted its holdings in iShares Russell Mid-Cap Value ETF by 10.4% during the first quarter. NewEdge Advisors LLC now owns 85,023 shares of the company’s stock valued at $12,391,000 after acquiring an additional 7,995 shares during the period. Keel Point LLC grew its position in shares of iShares Russell Mid-Cap Value ETF by 19.8% in the first quarter. Keel Point LLC now owns 6,835 shares of the company’s stock valued at $996,000 after purchasing an additional 1,128 shares during the last quarter. Finally, McIlrath & Eck LLC grew its position in shares of iShares Russell Mid-Cap Value ETF by 19.5% in the first quarter. McIlrath & Eck LLC now owns 614 shares of the company’s stock valued at $89,000 after purchasing an additional 100 shares during the last quarter. 80.17% of the stock is currently owned by institutional investors and hedge funds.
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. The Value Index is a subset of the Russell Midcap Index and measures the performance of equity securities issued by those Russell Midcap Index companies with relatively lower price-to-book ratios and lower forecasted growth.
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