iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS – Get Free Report) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 259,674 shares, a growth of 81.5% from the June 30th total of 143,064 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 479,125 shares, the days-to-cover ratio is currently 0.5 days.
Institutional Investors Weigh In On iShares Russell Mid-Cap Value ETF
A number of large investors have recently made changes to their positions in IWS. Conning Inc. grew its holdings in shares of iShares Russell Mid-Cap Value ETF by 24.3% during the first quarter. Conning Inc. now owns 59,718 shares of the company’s stock valued at $8,703,000 after buying an additional 11,676 shares in the last quarter. AE Wealth Management LLC lifted its stake in iShares Russell Mid-Cap Value ETF by 2.9% in the 4th quarter. AE Wealth Management LLC now owns 377,481 shares of the company’s stock worth $53,244,000 after acquiring an additional 10,529 shares in the last quarter. Kelsey Financial LLC purchased a new stake in iShares Russell Mid-Cap Value ETF in the 4th quarter worth about $5,443,000. Secure Asset Management LLC acquired a new stake in iShares Russell Mid-Cap Value ETF during the 4th quarter worth about $1,817,000. Finally, Key Capital Management INC acquired a new stake in iShares Russell Mid-Cap Value ETF during the 4th quarter worth about $2,321,000. Institutional investors and hedge funds own 80.17% of the company’s stock.
iShares Russell Mid-Cap Value ETF Price Performance
NYSEARCA IWS traded down $0.52 on Friday, hitting $167.08. 473,945 shares of the company were exchanged, compared to its average volume of 492,525. iShares Russell Mid-Cap Value ETF has a twelve month low of $131.46 and a twelve month high of $169.71. The firm has a market capitalization of $15.57 billion, a P/E ratio of 19.11 and a beta of 0.95. The company’s 50 day moving average price is $163.88 and its 200-day moving average price is $155.55.
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. 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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