iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) Hits New 1-Year High – Here’s Why

Shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $135.87 and last traded at $135.78, with a volume of 820 shares traded. The stock had previously closed at $132.37.

iShares Russell Mid-Cap Value ETF Trading Up 2.6 %

The company has a 50 day moving average of $130.77 and a 200-day moving average of $125.70. The firm has a market capitalization of $14.22 billion, a P/E ratio of 17.15 and a beta of 0.97.

Institutional Trading of iShares Russell Mid-Cap Value ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Accredited Investors Inc. increased its holdings in shares of iShares Russell Mid-Cap Value ETF by 2,738.7% during the third quarter. Accredited Investors Inc. now owns 2,296,845 shares of the company’s stock worth $303,758,000 after buying an additional 2,215,933 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in iShares Russell Mid-Cap Value ETF by 29.4% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 4,046,878 shares of the company’s stock worth $507,195,000 after purchasing an additional 919,370 shares in the last quarter. Cetera Investment Advisers raised its position in iShares Russell Mid-Cap Value ETF by 648.3% in the first quarter. Cetera Investment Advisers now owns 295,739 shares of the company’s stock valued at $37,065,000 after purchasing an additional 256,218 shares during the last quarter. Anchor Capital Advisors LLC boosted its stake in shares of iShares Russell Mid-Cap Value ETF by 139.3% during the second quarter. Anchor Capital Advisors LLC now owns 341,598 shares of the company’s stock valued at $41,245,000 after purchasing an additional 198,869 shares in the last quarter. Finally, International Assets Investment Management LLC grew its holdings in shares of iShares Russell Mid-Cap Value ETF by 1,813.0% during the third quarter. International Assets Investment Management LLC now owns 146,861 shares of the company’s stock worth $19,422,000 after purchasing an additional 139,184 shares during the last quarter.

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.