iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) Reaches New 12-Month Low – Here’s What Happened

iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) reached a new 52-week low during trading on Thursday . The company traded as low as $108.85 and last traded at $119.34, with a volume of 2141402 shares trading hands. The stock had previously closed at $110.58.

iShares Russell Mid-Cap Value ETF Stock Up 1.6 %

The firm has a market capitalization of $12.39 billion, a PE ratio of 18.92 and a beta of 1.13. The business’s fifty day moving average price is $126.63 and its 200 day moving average price is $131.01.

Hedge Funds Weigh In On iShares Russell Mid-Cap Value ETF

Institutional investors have recently bought and sold shares of the company. Meridian Wealth Management LLC boosted its holdings in shares of iShares Russell Mid-Cap Value ETF by 0.8% in the fourth quarter. Meridian Wealth Management LLC now owns 9,161 shares of the company’s stock valued at $1,185,000 after acquiring an additional 75 shares in the last quarter. Luts & Greenleigh Group Inc. increased its position in iShares Russell Mid-Cap Value ETF by 0.9% during the 4th quarter. Luts & Greenleigh Group Inc. now owns 8,545 shares of the company’s stock worth $1,105,000 after purchasing an additional 79 shares during the period. Guardian Wealth Advisors LLC NC raised its stake in shares of iShares Russell Mid-Cap Value ETF by 31.6% during the 4th quarter. Guardian Wealth Advisors LLC NC now owns 329 shares of the company’s stock worth $43,000 after buying an additional 79 shares in the last quarter. Glen Eagle Advisors LLC lifted its holdings in shares of iShares Russell Mid-Cap Value ETF by 42.7% in the 4th quarter. Glen Eagle Advisors LLC now owns 264 shares of the company’s stock valued at $34,000 after buying an additional 79 shares during the period. Finally, Daymark Wealth Partners LLC boosted its stake in shares of iShares Russell Mid-Cap Value ETF by 4.6% in the fourth quarter. Daymark Wealth Partners LLC now owns 1,902 shares of the company’s stock valued at $246,000 after buying an additional 83 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.