iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) Sets New 52-Week High – Time to Buy?

iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as $166.28 and last traded at $165.44, with a volume of 29755 shares. The stock had previously closed at $163.19.

iShares Russell Mid-Cap Value ETF Trading Down 0.5%

The company has a market cap of $15.74 billion, a price-to-earnings ratio of 19.11 and a beta of 0.95. The firm has a 50-day moving average price of $159.15 and a 200 day moving average price of $151.53.

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

Several institutional investors and hedge funds have recently bought and sold shares of the business. Signature Resources Capital Management LLC grew its holdings in shares of iShares Russell Mid-Cap Value ETF by 116.5% during the first quarter. Signature Resources Capital Management LLC now owns 171 shares of the company’s stock valued at $25,000 after purchasing an additional 92 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in shares of iShares Russell Mid-Cap Value ETF in the 4th quarter worth approximately $28,000. Triumph Capital Management acquired a new position in iShares Russell Mid-Cap Value ETF during the 3rd quarter valued at approximately $29,000. Investment Counsel Co. of Nevada acquired a new position in iShares Russell Mid-Cap Value ETF during the 3rd quarter valued at approximately $35,000. Finally, Laurel Wealth Advisors LLC bought a new position in iShares Russell Mid-Cap Value ETF during the 4th quarter worth $35,000. Institutional investors and hedge funds 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.