iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) Hits New 52-Week Low – Time to Sell?

iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) hit a new 52-week low during mid-day trading on Thursday . The stock 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 Trading Up 7.9 %

The company has a market cap of $12.62 billion, a P/E ratio of 18.92 and a beta of 1.13. The firm’s 50 day moving average price is $127.30 and its 200-day moving average price is $131.22.

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

Several hedge funds have recently made changes to their positions in the business. NBC Securities Inc. grew its stake in shares of iShares Russell Mid-Cap Value ETF by 109,516.7% in the first quarter. NBC Securities Inc. now owns 6,577 shares of the company’s stock valued at $828,000 after buying an additional 6,571 shares in the last quarter. Fifth Third Wealth Advisors LLC grew its stake in shares of iShares Russell Mid-Cap Value ETF by 27.3% in the first quarter. Fifth Third Wealth Advisors LLC now owns 2,564 shares of the company’s stock valued at $323,000 after buying an additional 550 shares in the last quarter. Parallel Advisors LLC boosted its position in iShares Russell Mid-Cap Value ETF by 120.3% during the first quarter. Parallel Advisors LLC now owns 5,859 shares of the company’s stock worth $738,000 after purchasing an additional 3,200 shares during the period. GAMMA Investing LLC lifted its holdings in shares of iShares Russell Mid-Cap Value ETF by 12,497.0% during the first quarter. GAMMA Investing LLC now owns 155,825 shares of the company’s stock worth $19,629,000 after buying an additional 154,588 shares in the last quarter. Finally, AdvisorNet Financial Inc raised its stake in iShares Russell Mid-Cap Value ETF by 0.9% in the first quarter. AdvisorNet Financial Inc now owns 18,453 shares of the company’s stock valued at $2,325,000 after purchasing an additional 167 shares in the last quarter.

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.