iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) Reaches New 1-Year High – Still a Buy?

iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)’s share price hit a new 52-week high on Monday . The company traded as high as $132.91 and last traded at $132.82, with a volume of 65324 shares changing hands. The stock had previously closed at $132.29.

iShares Russell Mid-Cap Value ETF Stock Up 0.7 %

The firm has a market cap of $13.95 billion, a price-to-earnings ratio of 17.15 and a beta of 0.97. The business’s fifty day moving average is $128.45 and its two-hundred day moving average is $124.43.

Institutional Trading of iShares Russell Mid-Cap Value ETF

A number of hedge funds and other institutional investors have recently modified their holdings of IWS. Envestnet Portfolio Solutions Inc. boosted its stake in iShares Russell Mid-Cap Value ETF by 29.4% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 4,046,878 shares of the company’s stock valued at $507,195,000 after acquiring an additional 919,370 shares during the last quarter. ICA Group Wealth Management LLC boosted its position in shares of iShares Russell Mid-Cap Value ETF by 33.9% during the fourth quarter. ICA Group Wealth Management LLC now owns 5,830 shares of the company’s stock worth $678,000 after purchasing an additional 1,477 shares in the last quarter. SlateStone Wealth LLC bought a new position in shares of iShares Russell Mid-Cap Value ETF during the second quarter worth $302,000. LBJ Family Wealth Advisors Ltd. boosted its position in shares of iShares Russell Mid-Cap Value ETF by 3.2% during the first quarter. LBJ Family Wealth Advisors Ltd. now owns 129,322 shares of the company’s stock worth $16,208,000 after purchasing an additional 4,014 shares in the last quarter. Finally, SageView Advisory Group LLC boosted its position in shares of iShares Russell Mid-Cap Value ETF by 11.8% during the fourth quarter. SageView Advisory Group LLC now owns 4,207 shares of the company’s stock worth $487,000 after purchasing an additional 445 shares in the last quarter.

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.