iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) Reaches New 12-Month High – What’s Next?

iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) shares reached a new 52-week high on Thursday . The stock traded as high as $141.96 and last traded at $141.9630, with a volume of 48686 shares trading hands. The stock had previously closed at $141.61.

iShares Russell Mid-Cap Value ETF Price Performance

The company has a market capitalization of $14.17 billion, a P/E ratio of 19.11 and a beta of 1.02. The stock’s 50 day simple moving average is $138.81 and its two-hundred day simple moving average is $135.76.

Institutional Trading of iShares Russell Mid-Cap Value ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in IWS. Jones Financial Companies Lllp boosted its stake in shares of iShares Russell Mid-Cap Value ETF by 7.9% in the 1st quarter. Jones Financial Companies Lllp now owns 10,056,638 shares of the company’s stock valued at $1,258,208,000 after purchasing an additional 736,389 shares during the last quarter. Bank of America Corp DE boosted its stake in iShares Russell Mid-Cap Value ETF by 0.4% in the second quarter. Bank of America Corp DE now owns 3,759,738 shares of the company’s stock valued at $496,812,000 after acquiring an additional 16,361 shares during the last quarter. TIAA Trust National Association grew its holdings in iShares Russell Mid-Cap Value ETF by 1.0% during the 3rd quarter. TIAA Trust National Association now owns 3,427,479 shares of the company’s stock worth $478,709,000 after acquiring an additional 34,466 shares during the period. Envestnet Portfolio Solutions Inc. grew its holdings in iShares Russell Mid-Cap Value ETF by 1.7% during the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 2,823,287 shares of the company’s stock worth $394,329,000 after acquiring an additional 48,211 shares during the period. Finally, First Citizens Bank & Trust Co. raised its position in shares of iShares Russell Mid-Cap Value ETF by 3.1% during the 3rd 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. 80.17% of the stock is owned by institutional investors.

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.