iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) Sees Large Decline in Short Interest

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

iShares Russell Mid-Cap Value ETF Trading Up 0.5%

NYSEARCA:IWS traded up $0.75 during mid-day trading on Thursday, reaching $162.54. The company’s stock had a trading volume of 82,927 shares, compared to its average volume of 474,007. iShares Russell Mid-Cap Value ETF has a 12-month low of $128.00 and a 12-month high of $162.64. The firm’s fifty day moving average price is $154.33 and its two-hundred day moving average price is $148.80. The stock has a market cap of $15.49 billion, a P/E ratio of 19.11 and a beta of 0.95.

Institutional Trading of iShares Russell Mid-Cap Value ETF

Large investors have recently made changes to their positions in the stock. Wells Fargo & Company MN boosted its holdings in iShares Russell Mid-Cap Value ETF by 4.4% in the fourth quarter. Wells Fargo & Company MN now owns 3,917,401 shares of the company’s stock worth $552,549,000 after purchasing an additional 165,686 shares during the last quarter. Bank of America Corp DE raised its stake in iShares Russell Mid-Cap Value ETF by 0.4% during the 2nd quarter. Bank of America Corp DE now owns 3,759,738 shares of the company’s stock valued at $496,812,000 after buying an additional 16,361 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares Russell Mid-Cap Value ETF by 1,160.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,565,153 shares of the company’s stock valued at $502,865,000 after buying an additional 3,282,372 shares during the period. TIAA Trust National Association boosted its stake in shares of iShares Russell Mid-Cap Value ETF by 1.0% in the 3rd quarter. TIAA Trust National Association now owns 3,427,479 shares of the company’s stock worth $478,709,000 after buying an additional 34,466 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in shares of iShares Russell Mid-Cap Value ETF by 1.2% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 2,856,534 shares of the company’s stock worth $402,914,000 after buying an additional 33,247 shares during the last quarter. 80.17% of the stock is currently 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.