iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS – Get Free Report) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 288,310 shares, an increase of 82.4% from the August 31st total of 158,072 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 356,418 shares, the short-interest ratio is currently 0.8 days.
iShares Russell Mid-Cap Value ETF Stock Down 0.2%
Shares of IWS stock traded down $0.32 during trading hours on Tuesday, reaching $161.88. 248,887 shares of the company’s stock were exchanged, compared to its average volume of 460,949. 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 market capitalization of $14.86 billion, a P/E ratio of 19.11 and a beta of 0.95. The business has a fifty day moving average price of $168.49 and a 200-day moving average price of $160.97.
Institutional Trading of iShares Russell Mid-Cap Value ETF
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Conning Inc. boosted its holdings in shares of iShares Russell Mid-Cap Value ETF by 24.3% in the 1st quarter. Conning Inc. now owns 59,718 shares of the company’s stock worth $8,703,000 after acquiring an additional 11,676 shares in the last quarter. Rockefeller Capital Management L.P. increased its holdings in iShares Russell Mid-Cap Value ETF by 25.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 198,232 shares of the company’s stock valued at $27,961,000 after purchasing an additional 39,976 shares in the last quarter. J.W. Cole Advisors Inc. increased its holdings in iShares Russell Mid-Cap Value ETF by 76.3% during the 4th quarter. J.W. Cole Advisors Inc. now owns 25,968 shares of the company’s stock valued at $3,357,000 after purchasing an additional 11,237 shares in the last quarter. IFP Advisors Inc raised its position in iShares Russell Mid-Cap Value ETF by 22.6% in the 2nd quarter. IFP Advisors Inc now owns 17,965 shares of the company’s stock valued at $2,957,000 after purchasing an additional 3,306 shares during the last quarter. Finally, SB Capital Management Inc bought a new position in iShares Russell Mid-Cap Value ETF in the 4th quarter valued at $1,045,000. 80.17% of the stock is currently owned by institutional investors and hedge funds.
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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