iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) Short Interest Down 41.0% in May

iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 181,540 shares, a decrease of 41.0% from the April 30th total of 307,641 shares. Based on an average daily volume of 307,221 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.2% of the company’s shares are short sold.

iShares Russell Mid-Cap Value ETF Stock Performance

NYSEARCA:IWS opened at $160.35 on Tuesday. The firm’s fifty day moving average is $153.60 and its 200-day moving average is $148.48. iShares Russell Mid-Cap Value ETF has a 52 week low of $126.48 and a 52 week high of $160.93. The firm has a market cap of $15.28 billion, a P/E ratio of 19.11 and a beta of 0.96.

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

A number of institutional investors have recently modified their holdings of the company. Keel Point LLC boosted its stake in shares of iShares Russell Mid-Cap Value ETF by 19.8% in the 1st quarter. Keel Point LLC now owns 6,835 shares of the company’s stock valued at $996,000 after purchasing an additional 1,128 shares during the last quarter. McIlrath & Eck LLC boosted its stake in shares of iShares Russell Mid-Cap Value ETF by 19.5% in the 1st quarter. McIlrath & Eck LLC now owns 614 shares of the company’s stock valued at $89,000 after purchasing an additional 100 shares during the last quarter. Arkadios Wealth Advisors boosted its stake in shares of iShares Russell Mid-Cap Value ETF by 6.9% in the 1st quarter. Arkadios Wealth Advisors now owns 14,613 shares of the company’s stock valued at $2,130,000 after purchasing an additional 939 shares during the last quarter. Excelsior Advisor Network LLC bought a new stake in shares of iShares Russell Mid-Cap Value ETF in the 1st quarter valued at $210,000. Finally, Quantinno Capital Management LP boosted its stake in shares of iShares Russell Mid-Cap Value ETF by 17.2% in the 1st quarter. Quantinno Capital Management LP now owns 33,656 shares of the company’s stock valued at $4,905,000 after purchasing an additional 4,947 shares during the last quarter. 80.17% of the stock is owned by 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.