Short Interest in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) Declines By 38.0%

iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 158,072 shares, a decrease of 38.0% from the August 15th total of 254,986 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 287,026 shares, the short-interest ratio is currently 0.6 days.

Institutional Investors Weigh In On iShares Russell Mid-Cap Value ETF

Hedge funds have recently modified their holdings of the company. Envestnet Portfolio Solutions Inc. boosted its position in iShares Russell Mid-Cap Value ETF by 1.2% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,856,534 shares of the company’s stock worth $402,914,000 after acquiring an additional 33,247 shares during the last quarter. LPL Financial LLC lifted its stake in shares of iShares Russell Mid-Cap Value ETF by 0.6% during the 4th quarter. LPL Financial LLC now owns 1,210,535 shares of the company’s stock worth $170,746,000 after purchasing an additional 6,863 shares during the period. Cassaday & Co Wealth Management LLC boosted its holdings in shares of iShares Russell Mid-Cap Value ETF by 1.9% during the first quarter. Cassaday & Co Wealth Management LLC now owns 1,023,739 shares of the company’s stock worth $149,200,000 after purchasing an additional 18,611 shares during the last quarter. Lido Advisors LLC boosted its holdings in shares of iShares Russell Mid-Cap Value ETF by 6.9% during the first quarter. Lido Advisors LLC now owns 321,226 shares of the company’s stock worth $46,816,000 after purchasing an additional 20,686 shares during the last quarter. Finally, Anchor Capital Advisors LLC grew its position in shares of 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 purchasing an additional 100,567 shares during the period. 80.17% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Value ETF Stock Up 0.8%

Shares of IWS traded up $1.30 during trading hours on Thursday, reaching $165.21. 206,079 shares of the company traded hands, compared to its average volume of 467,653. The stock has a market capitalization of $15.40 billion, a PE ratio of 19.11 and a beta of 0.95. iShares Russell Mid-Cap Value ETF has a fifty-two week low of $133.74 and a fifty-two week high of $173.52. The stock has a fifty day simple moving average of $168.78 and a 200 day simple moving average of $160.32.

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.