iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) Short Interest Update

iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totaling 243,808 shares, a decrease of 41.2% from the December 31st total of 414,500 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 493,976 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily volume of 493,976 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.2% of the shares of the stock are sold short.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Atlantic Union Bankshares Corp bought a new position in shares of iShares Russell Mid-Cap Value ETF during the 2nd quarter worth about $571,000. First Citizens Bank & Trust Co. raised its stake in 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 worth $376,969,000 after buying an additional 80,032 shares during the period. First Horizon Corp bought a new position in iShares Russell Mid-Cap Value ETF in the third quarter worth approximately $11,141,000. Anchor Capital Advisors LLC grew its stake in iShares Russell Mid-Cap Value ETF by 10.5% in the third quarter. Anchor Capital Advisors LLC now owns 214,223 shares of the company’s stock valued at $29,920,000 after acquiring an additional 20,298 shares during the period. Finally, B. Riley Wealth Advisors Inc. bought a new stake in shares of iShares Russell Mid-Cap Value ETF during the second quarter valued at approximately $1,312,000. Institutional investors and hedge funds own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Trading Down 0.6%

iShares Russell Mid-Cap Value ETF stock traded down $0.87 during mid-day trading on Friday, reaching $146.96. The company had a trading volume of 709,362 shares, compared to its average volume of 484,513. The business has a fifty day simple moving average of $143.99 and a 200 day simple moving average of $139.88. The company has a market cap of $14.67 billion, a P/E ratio of 19.11 and a beta of 1.02. iShares Russell Mid-Cap Value ETF has a fifty-two week low of $108.85 and a fifty-two week high of $150.03.

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. 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.