iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) Reaches New 52-Week High – Still a Buy?

iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $135.87 and last traded at $135.78, with a volume of 820 shares. The stock had previously closed at $132.37.

iShares Russell Mid-Cap Value ETF Stock Up 2.6 %

The company has a market cap of $14.22 billion, a P/E ratio of 17.15 and a beta of 0.97. The firm’s 50 day moving average is $130.77 and its two-hundred day moving average is $125.70.

Institutional Investors Weigh In On iShares Russell Mid-Cap Value ETF

Institutional investors have recently made changes to their positions in the stock. American Capital Advisory LLC grew its position in shares of iShares Russell Mid-Cap Value ETF by 100.0% in the 3rd quarter. American Capital Advisory LLC now owns 220 shares of the company’s stock valued at $29,000 after buying an additional 110 shares during the last quarter. Rothschild Investment LLC bought a new stake in shares of iShares Russell Mid-Cap Value ETF in the 2nd quarter valued at about $27,000. Tortoise Investment Management LLC bought a new stake in shares of iShares Russell Mid-Cap Value ETF in the 2nd quarter valued at about $32,000. Kimelman & Baird LLC bought a new stake in shares of iShares Russell Mid-Cap Value ETF in the 2nd quarter valued at about $34,000. Finally, Triad Wealth Partners LLC bought a new stake in shares of iShares Russell Mid-Cap Value ETF during the 2nd quarter valued at about $43,000.

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.