(IWS) iShares Russell Mid-Cap - Ratings and Ratios

The iShares Russell Mid-Cap Value ETF (IWS) is designed to track the performance of mid-capitalization value stocks in the U.S. equity market, as classified by Russell Investments. The fund primarily invests in securities that replicate the composition of its underlying index, with at least 80% of its assets dedicated to index components or investments with identical economic characteristics. The remaining 20% may be allocated to derivatives, such as futures, options, and swap contracts, along with cash and cash equivalents to manage risk and maintain liquidity. This approach allows the ETF to closely align with the Russell Midcap Value Index while maintaining flexibility for tactical adjustments.

Ticker Symbol: IWS | Exchange: NYSE ARCA | Type: ETF | Country Origin: USA | ETF Category: Mid-Cap Value

The funds technical profile indicates moderate trading activity, with an average 20-day volume of 636,336 shares. As of the latest data, the ETF is trading at $119.02, slightly below its short-term moving averages. The 20-day SMA stands at $120.27, while the 50-day SMA is at $125.30, and the 200-day SMA is at $128.51. This suggests a recent downtrend relative to its longer-term averages. The Average True Range (ATR) of 3.40 reflects moderate volatility, providing insight into potential price fluctuations.

From a fundamental perspective, the ETF manages substantial assets under management (AUM) of $12.22 billion, indicating a widely held and liquid investment vehicle. This scale allows for efficient tracking of the underlying index and supports tight bid-ask spreads, which can be advantageous for both short-term traders and long-term investors.

3-Month Forecast Based on the provided data, here is a concise 3-month outlook: - Technical Outlook: The ETFs price is currently below its 20-day, 50-day, and 200-day moving averages, signaling bearish momentum. The ATR of 3.40 suggests potential price fluctuations within a range of $115.62 to $122.42 over the next 3 months. - Fundamental Outlook: Mid-cap value stocks may face headwinds due to rising interest rates and slowing economic growth, which could weigh on the ETFs performance. However, the funds large AUM and established track record may provide stability. - Overall Forecast: Expect the ETF to trade sideways to slightly lower, with a potential downside target of $115 and an upside target of $122, driven by technical resistance levels and macroeconomic conditions.