Shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS – Get Free Report) hit a new 52-week high during trading on Wednesday. The company traded as high as $173.53 and last traded at $173.49, with a volume of 375,882 shares traded. The stock had previously closed at $170.62.
iShares Russell Mid-Cap Value ETF Price Performance
The firm has a market cap of $15.25 billion, a price-to-earnings ratio of 18.85 and a beta of 0.95. The stock has a 50-day moving average price of $166.65 and a 200 day moving average price of $159.70.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the business. Signature Resources Capital Management LLC boosted its holdings in iShares Russell Mid-Cap Value ETF by 116.5% in the first quarter. Signature Resources Capital Management LLC now owns 171 shares of the company’s stock worth $25,000 after purchasing an additional 92 shares during the period. Albion Financial Group UT acquired a new position in iShares Russell Mid-Cap Value ETF in the third quarter valued at about $26,000. Signaturefd LLC bought a new stake in iShares Russell Mid-Cap Value ETF during the 3rd quarter worth approximately $26,000. Allied Private Wealth LLC acquired a new position in iShares Russell Mid-Cap Value ETF during the 2nd quarter worth about $27,000. Finally, Security National Bank of Sioux City Iowa IA bought a new stake in iShares Russell Mid-Cap Value ETF during the 2nd quarter worth about $28,000. Hedge funds and other institutional investors own 80.17% of the company’s stock.
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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