iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) Hits New 52-Week High – Here’s What Happened

iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $159.89 and last traded at $159.89, with a volume of 8394 shares changing hands. The stock had previously closed at $157.54.

iShares Russell Mid-Cap Value ETF Price Performance

The company has a 50-day moving average price of $152.15 and a 200 day moving average price of $147.72. The firm has a market capitalization of $15.25 billion, a PE ratio of 19.11 and a beta of 0.96.

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

Several large investors have recently made changes to their positions in the business. McIlrath & Eck LLC lifted its position in shares of iShares Russell Mid-Cap Value ETF by 19.5% in the first quarter. McIlrath & Eck LLC now owns 614 shares of the company’s stock valued at $89,000 after acquiring an additional 100 shares in the last quarter. Arkadios Wealth Advisors lifted its position in shares of iShares Russell Mid-Cap Value ETF by 6.9% in the first quarter. Arkadios Wealth Advisors now owns 14,613 shares of the company’s stock valued at $2,130,000 after acquiring an additional 939 shares in the last quarter. Excelsior Advisor Network LLC purchased a new position in shares of iShares Russell Mid-Cap Value ETF in the first quarter valued at about $210,000. Quantinno Capital Management LP lifted its position in shares of iShares Russell Mid-Cap Value ETF by 17.2% in the first quarter. Quantinno Capital Management LP now owns 33,656 shares of the company’s stock valued at $4,905,000 after acquiring an additional 4,947 shares in the last quarter. Finally, Gateway Wealth Partners LLC lifted its position in shares of iShares Russell Mid-Cap Value ETF by 111.7% in the first quarter. Gateway Wealth Partners LLC now owns 6,470 shares of the company’s stock valued at $943,000 after acquiring an additional 3,414 shares in the last quarter. 80.17% of the stock is currently owned by hedge funds and other institutional investors.

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.