iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) Sets New 1-Year High – Should You Buy?

Shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) reached a new 52-week high during trading on Tuesday . The stock traded as high as $145.12 and last traded at $144.8990, with a volume of 68585 shares changing hands. The stock had previously closed at $144.36.

iShares Russell Mid-Cap Value ETF Stock Performance

The company has a market cap of $14.80 billion, a PE ratio of 19.11 and a beta of 1.02. The business’s 50-day moving average is $140.27 and its 200 day moving average is $138.00.

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

A number of hedge funds and other institutional investors have recently modified their holdings of IWS. Clean Yield Group bought a new position in iShares Russell Mid-Cap Value ETF during the 3rd quarter worth approximately $25,000. Clearstead Trust LLC purchased a new stake in shares of iShares Russell Mid-Cap Value ETF during the second quarter valued at approximately $25,000. Westside Investment Management Inc. grew its holdings in shares of iShares Russell Mid-Cap Value ETF by 108.3% in the second quarter. Westside Investment Management Inc. now owns 200 shares of the company’s stock worth $27,000 after purchasing an additional 104 shares during the last quarter. Financial Consulate Inc. purchased a new position in shares of iShares Russell Mid-Cap Value ETF in the third quarter worth $29,000. Finally, Rossmore Private Capital bought a new stake in iShares Russell Mid-Cap Value ETF during the 3rd quarter valued at $29,000. Institutional investors own 80.17% of the company’s stock.

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.