iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) Short Interest Up 100.1% in April

iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 307,641 shares, a growth of 100.1% from the April 15th total of 153,744 shares. Based on an average daily trading volume, of 292,666 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.3% of the shares of the company are sold short.

iShares Russell Mid-Cap Value ETF Stock Performance

NYSEARCA:IWS traded down $2.37 during trading hours on Friday, reaching $155.43. The stock had a trading volume of 305,503 shares, compared to its average volume of 499,875. iShares Russell Mid-Cap Value ETF has a 12-month low of $125.56 and a 12-month high of $159.71. The stock has a market cap of $14.81 billion, a P/E ratio of 19.11 and a beta of 0.96. The stock has a 50 day simple moving average of $151.06 and a 200 day simple moving average of $146.88.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Cassaday & Co Wealth Management LLC raised its position in shares of iShares Russell Mid-Cap Value ETF by 1.6% in the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 992,566 shares of the company’s stock worth $138,632,000 after acquiring an additional 15,603 shares in the last quarter. First Citizens Bank & Trust Co. raised its position in shares of iShares Russell Mid-Cap Value ETF by 3.1% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 2,698,999 shares of the company’s stock worth $376,969,000 after acquiring an additional 80,032 shares in the last quarter. Anchor Capital Advisors LLC raised its position in shares of iShares Russell Mid-Cap Value ETF by 10.5% in the 3rd quarter. Anchor Capital Advisors LLC now owns 214,223 shares of the company’s stock worth $29,920,000 after acquiring an additional 20,298 shares in the last quarter. Assetmark Inc. raised its position in shares of iShares Russell Mid-Cap Value ETF by 1,496.5% in the 3rd quarter. Assetmark Inc. now owns 98,487 shares of the company’s stock worth $13,756,000 after acquiring an additional 92,318 shares in the last quarter. Finally, Secure Asset Management LLC purchased a new stake in shares of iShares Russell Mid-Cap Value ETF in the 4th quarter worth approximately $1,817,000. 80.17% of the stock is currently owned by institutional investors.

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.