Short Interest in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) Decreases By 25.9%

iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) was the target of a large drop in short interest during the month of February. As of February 27th, there was short interest totaling 174,446 shares, a drop of 25.9% from the February 12th total of 235,482 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 266,827 shares, the short-interest ratio is presently 0.7 days. Based on an average daily volume of 266,827 shares, the short-interest ratio is presently 0.7 days. Currently, 0.2% of the company’s shares are short sold.

iShares Russell Mid-Cap Value ETF Stock Down 0.1%

IWS traded down $0.12 during midday trading on Friday, hitting $144.89. 358,079 shares of the company were exchanged, compared to its average volume of 505,469. The firm’s 50 day moving average price is $149.46 and its 200-day moving average price is $143.09. iShares Russell Mid-Cap Value ETF has a 1-year low of $108.85 and a 1-year high of $154.79. The firm has a market capitalization of $14.41 billion, a P/E ratio of 19.11 and a beta of 1.02.

Hedge Funds Weigh In On iShares Russell Mid-Cap Value ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in IWS. Cassaday & Co Wealth Management LLC raised its stake in iShares Russell Mid-Cap Value ETF by 1.6% during the third quarter. Cassaday & Co Wealth Management LLC now owns 992,566 shares of the company’s stock worth $138,632,000 after buying an additional 15,603 shares during the last quarter. First Citizens Bank & Trust Co. boosted its position in iShares Russell Mid-Cap Value ETF by 3.1% during the third quarter. First Citizens Bank & Trust Co. now owns 2,698,999 shares of the company’s stock valued at $376,969,000 after acquiring an additional 80,032 shares during the last quarter. First Horizon Corp acquired a new stake in iShares Russell Mid-Cap Value ETF during the 3rd quarter worth about $11,141,000. Anchor Capital Advisors LLC grew its holdings in iShares Russell Mid-Cap Value ETF by 10.5% during 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 during the period. Finally, 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. 80.17% of the stock is owned by institutional investors and hedge funds.

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.