Sterling Capital Management LLC Buys 334,344 Shares of iShares Russell Top 200 Value ETF $IWX

Sterling Capital Management LLC bought a new stake in iShares Russell Top 200 Value ETF (NYSEARCA:IWX) during the third quarter, HoldingsChannel reports. The fund bought 334,344 shares of the company’s stock, valued at approximately $36,621,000. iShares Russell Top 200 Value ETF comprises about 0.7% of Sterling Capital Management LLC’s portfolio, making the stock its 28th largest position.

A number of other institutional investors have also added to or reduced their stakes in the company. IFP Advisors Inc purchased a new stake in iShares Russell Top 200 Value ETF during the second quarter valued at about $27,000. International Assets Investment Management LLC bought a new stake in iShares Russell Top 200 Value ETF during the first quarter worth about $55,000. Bessemer Group Inc. bought a new stake in iShares Russell Top 200 Value ETF during the first quarter worth about $61,000. MassMutual Private Wealth & Trust FSB purchased a new position in shares of iShares Russell Top 200 Value ETF in the 3rd quarter worth about $85,000. Finally, Sound Income Strategies LLC boosted its holdings in shares of iShares Russell Top 200 Value ETF by 12.2% in the 1st quarter. Sound Income Strategies LLC now owns 1,130 shares of the company’s stock worth $105,000 after purchasing an additional 123 shares in the last quarter.

iShares Russell Top 200 Value ETF Stock Down 0.6%

Shares of iShares Russell Top 200 Value ETF stock traded down $0.73 during trading on Friday, hitting $113.35. 251,517 shares of the stock traded hands, compared to its average volume of 347,723. The stock has a market cap of $3.73 billion, a price-to-earnings ratio of 19.39 and a beta of 0.77. The firm’s fifty day moving average is $111.98 and its 200-day moving average is $107.04. iShares Russell Top 200 Value ETF has a 52 week low of $87.26 and a 52 week high of $114.08.

About iShares Russell Top 200 Value ETF

iShares Russell Top 200 Value ETF(the Fund), formerly iShares Russell Top 200 Value Index Fund, seeks investment results that correspond generally to the price and yield performance of the Russell Top 200 Value Index (the Value Index). The Value Index is a style factor weighted index that measures the performance of the largest-capitalization value sector of the United States equity market. The Value Index is a subset of the Russell Top 200 Index and measures the performance of equity securities of Russell Top 200 Index issuers with relatively lower price-to-book ratios and lower forecasted growth.