Sterling Capital Management LLC Has $18.29 Million Position in iShares Russell Mid-Cap Value ETF $IWS

Sterling Capital Management LLC boosted its holdings in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 9.6% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 125,473 shares of the company’s stock after acquiring an additional 10,991 shares during the quarter. Sterling Capital Management LLC’s holdings in iShares Russell Mid-Cap Value ETF were worth $18,286,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Kohmann Bosshard Financial Services LLC acquired a new position in shares of iShares Russell Mid-Cap Value ETF during the 4th quarter worth $28,000. Triumph Capital Management bought a new position in shares of iShares Russell Mid-Cap Value ETF during the 3rd quarter valued at $29,000. Investment Counsel Co. of Nevada acquired a new stake in shares of iShares Russell Mid-Cap Value ETF in the 3rd quarter valued at $35,000. Laurel Wealth Advisors LLC acquired a new stake in shares of iShares Russell Mid-Cap Value ETF in the 4th quarter valued at $35,000. Finally, Palisade Asset Management LLC bought a new stake in iShares Russell Mid-Cap Value ETF in the third quarter worth $43,000. 80.17% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Value ETF Price Performance

iShares Russell Mid-Cap Value ETF stock opened at $165.13 on Friday. The company has a market capitalization of $15.74 billion, a price-to-earnings ratio of 19.11 and a beta of 0.95. iShares Russell Mid-Cap Value ETF has a one year low of $130.88 and a one year high of $166.74. The company’s fifty day moving average price is $159.15 and its two-hundred day moving average price is $151.53.

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.