iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) Sets New 1-Year High – Should You Buy?

iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $154.48 and last traded at $153.5810, with a volume of 28914 shares traded. The stock had previously closed at $153.32.

iShares Russell Mid-Cap Value ETF Stock Performance

The stock’s 50 day moving average price is $147.65 and its 200 day moving average price is $141.95. The company has a market capitalization of $15.30 billion, a P/E ratio of 19.11 and a beta of 1.02.

Institutional Trading of iShares Russell Mid-Cap Value ETF

A number of large investors have recently bought and sold shares of IWS. Brighton Jones LLC boosted its position in shares of iShares Russell Mid-Cap Value ETF by 1.0% during the 4th quarter. Brighton Jones LLC now owns 20,670 shares of the company’s stock valued at $2,673,000 after purchasing an additional 201 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in iShares Russell Mid-Cap Value ETF by 2.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 6,439 shares of the company’s stock valued at $833,000 after buying an additional 124 shares during the period. AQR Capital Management LLC boosted its holdings in shares of iShares Russell Mid-Cap Value ETF by 18.6% during the 1st quarter. AQR Capital Management LLC now owns 8,080 shares of the company’s stock worth $1,018,000 after buying an additional 1,267 shares in the last quarter. Jane Street Group LLC bought a new position in shares of iShares Russell Mid-Cap Value ETF during the 1st quarter worth approximately $5,269,000. Finally, Wealthfront Advisers LLC boosted its holdings in shares of iShares Russell Mid-Cap Value ETF by 13.5% during the 2nd quarter. Wealthfront Advisers LLC now owns 12,181 shares of the company’s stock worth $1,610,000 after buying an additional 1,451 shares in the last quarter. 80.17% of the stock is currently owned by institutional investors and hedge funds.

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.