iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) Hits New 52-Week High – Here’s What Happened

iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $159.89 and last traded at $159.89, with a volume of 8394 shares trading hands. The stock had previously closed at $157.54.

iShares Russell Mid-Cap Value ETF Trading Up 0.9%

The company has a market cap of $15.25 billion, a PE ratio of 19.11 and a beta of 0.96. The stock has a 50 day moving average price of $152.15 and a 200 day moving average price of $147.72.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Brighton Jones LLC increased its holdings in shares of iShares Russell Mid-Cap Value ETF by 1.0% in the 4th quarter. Brighton Jones LLC now owns 20,670 shares of the company’s stock worth $2,673,000 after purchasing an additional 201 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of iShares Russell Mid-Cap Value ETF by 2.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 6,439 shares of the company’s stock worth $833,000 after purchasing an additional 124 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of iShares Russell Mid-Cap Value ETF by 18.6% in the 1st quarter. AQR Capital Management LLC now owns 8,080 shares of the company’s stock worth $1,018,000 after purchasing an additional 1,267 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of iShares Russell Mid-Cap Value ETF in the 1st quarter worth $5,269,000. Finally, Russell Investments Group Ltd. increased its holdings in shares of iShares Russell Mid-Cap Value ETF by 166.6% in the 2nd quarter. Russell Investments Group Ltd. now owns 2,607 shares of the company’s stock worth $344,000 after purchasing an additional 1,629 shares in the last quarter. Hedge funds and other institutional investors own 80.17% of the company’s stock.

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.