iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS – Get Free Report) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 288,310 shares, a growth of 82.4% from the August 31st total of 158,072 shares. Based on an average trading volume of 356,418 shares, the short-interest ratio is presently 0.8 days. Approximately 0.3% of the shares of the stock are sold short.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of IWS. Conning Inc. lifted its stake in iShares Russell Mid-Cap Value ETF by 24.3% in the first quarter. Conning Inc. now owns 59,718 shares of the company’s stock valued at $8,703,000 after acquiring an additional 11,676 shares during the last quarter. Rockefeller Capital Management L.P. increased its position in iShares Russell Mid-Cap Value ETF by 25.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 198,232 shares of the company’s stock worth $27,961,000 after buying an additional 39,976 shares during the last quarter. J.W. Cole Advisors Inc. raised its holdings in iShares Russell Mid-Cap Value ETF by 76.3% during the fourth quarter. J.W. Cole Advisors Inc. now owns 25,968 shares of the company’s stock valued at $3,357,000 after buying an additional 11,237 shares in the last quarter. IFP Advisors Inc raised its holdings in iShares Russell Mid-Cap Value ETF by 22.6% during the second quarter. IFP Advisors Inc now owns 17,965 shares of the company’s stock valued at $2,957,000 after buying an additional 3,306 shares in the last quarter. Finally, SB Capital Management Inc acquired a new stake in shares of iShares Russell Mid-Cap Value ETF in the fourth quarter worth about $1,045,000. 80.17% of the stock is owned by institutional investors and hedge funds.
iShares Russell Mid-Cap Value ETF Trading Down 0.7%
Shares of NYSEARCA IWS traded down $1.14 during mid-day trading on Wednesday, reaching $160.74. The company had a trading volume of 373,215 shares, compared to its average volume of 460,479. The stock has a market cap of $14.76 billion, a PE ratio of 19.11 and a beta of 0.95. The company has a 50-day moving average price of $168.33 and a two-hundred day moving average price of $161.19. iShares Russell Mid-Cap Value ETF has a 1-year low of $133.74 and a 1-year high of $173.52.
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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