iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS – Get Free Report) saw a large decline in short interest in August. As of August 31st, there was short interest totaling 158,072 shares, a decline of 38.0% from the August 15th total of 254,986 shares. Based on an average daily trading volume, of 287,026 shares, the short-interest ratio is currently 0.6 days. Currently, 0.2% of the shares of the stock are sold short.
Institutional Trading of iShares Russell Mid-Cap Value ETF
Hedge funds and other institutional investors have recently made changes to their positions in the company. Envestnet Portfolio Solutions Inc. raised its stake in shares of iShares Russell Mid-Cap Value ETF by 1.2% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,856,534 shares of the company’s stock valued at $402,914,000 after acquiring an additional 33,247 shares in the last quarter. LPL Financial LLC boosted its position in shares of iShares Russell Mid-Cap Value ETF by 0.6% in the 4th quarter. LPL Financial LLC now owns 1,210,535 shares of the company’s stock valued at $170,746,000 after purchasing an additional 6,863 shares during the period. Cassaday & Co Wealth Management LLC grew its stake in iShares Russell Mid-Cap Value ETF by 1.9% during the 1st quarter. Cassaday & Co Wealth Management LLC now owns 1,023,739 shares of the company’s stock worth $149,200,000 after buying an additional 18,611 shares during the last quarter. Lido Advisors LLC grew its stake in iShares Russell Mid-Cap Value ETF by 6.9% during the 1st quarter. Lido Advisors LLC now owns 321,226 shares of the company’s stock worth $46,816,000 after buying an additional 20,686 shares during the last quarter. Finally, Anchor Capital Advisors LLC lifted its stake in iShares Russell Mid-Cap Value ETF by 46.9% in the fourth quarter. Anchor Capital Advisors LLC now owns 314,790 shares of the company’s stock valued at $44,401,000 after buying an additional 100,567 shares during the last quarter. 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 $0.27 during mid-day trading on Wednesday, hitting $165.24. The stock had a trading volume of 24,496 shares, compared to its average volume of 467,399. iShares Russell Mid-Cap Value ETF has a twelve month low of $133.74 and a twelve month high of $173.52. The stock has a market capitalization of $15.40 billion, a price-to-earnings ratio of 19.11 and a beta of 0.95. The firm’s 50 day moving average is $168.78 and its 200 day moving average is $160.18.
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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