IWS Stock Summary and Trading Ideas (iShares Russell Mid-Cap Value ETF | ARCA:IWS)

The iShares Russell Midcap Value Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the mid-capitalization value sector of the U.S. equity market as represented by the Russell Midcap Value Index. The index represents approximately 60% of the total market capitalization of the Russell Midcap Index.

iShares Russell Mid-Cap Value ETF trades on the ARCA stock market under the symbol IWS.

As of April 19, 2024, IWS stock price climbed to $117.65 with 289,035 million shares trading.

IWS has a beta of 1.07, meaning it tends to be more sensitive to market movements. IWS has a correlation of 0.74 to the broad based SPY ETF.

IWS has a market cap of $13.11 billion. This is considered a Large Cap stock.

In the last 3 years, IWS stock traded as high as $125.64 and as low as $94.32.

IWS has underperformed the market in the last year with a price return of +12.2% while the SPY ETF gained +21.2%. However, in the short term, IWS had mixed performance relative to the market. It has outperformed in the last 3 months, returning +4.5% vs +4.3% return in SPY. But in the last 2 weeks, IWS shares have been beat by the market, returning -3.9% compared to an SPY return of -3.5%.

IWS support price is $116.18 and resistance is $118.45 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IWS stock will trade within this expected range on the day.