Sterling Capital Management LLC Acquires 65,104 Shares of iShares Russell Mid-Cap Value ETF $IWS

Sterling Capital Management LLC acquired a new position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 65,104 shares of the company’s stock, valued at approximately $10,465,000. Sterling Capital Management LLC owned approximately 0.07% of iShares Russell Mid-Cap Value ETF at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of IWS. WASHINGTON TRUST Co bought a new stake in shares of iShares Russell Mid-Cap Value ETF during the 3rd quarter worth $590,000. Brookstone Capital Management bought a new stake in iShares Russell Mid-Cap Value ETF during the 3rd quarter valued at $1,430,000. NBT Bank N.A. bought a new stake in shares of iShares Russell Mid-Cap Value ETF in the third quarter worth about $371,000. Root Financial Partners LLC purchased a new stake in iShares Russell Mid-Cap Value ETF in the third quarter worth $301,000. Finally, Foster Victor Wealth Advisors LLC raised its holdings in iShares Russell Mid-Cap Value ETF by 36.1% in the 3rd quarter. Foster Victor Wealth Advisors LLC now owns 3,115 shares of the company’s stock worth $515,000 after purchasing an additional 827 shares in the last quarter. 80.17% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Value ETF Stock Down 0.5%

Shares of IWS traded down $0.78 during trading hours on Friday, reaching $168.43. 434,033 shares of the company traded hands, compared to its average volume of 458,958. iShares Russell Mid-Cap Value ETF has a 12 month low of $133.74 and a 12 month high of $173.52. The company’s fifty day moving average price is $166.86 and its two-hundred day moving average price is $163.45. The company has a market capitalization of $15.64 billion, a price-to-earnings ratio of 19.11 and a beta of 0.96.

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. The Value Index is a subset of the Russell Midcap Index and measures the performance of equity securities issued by those Russell Midcap Index companies with relatively lower price-to-book ratios and lower forecasted growth.