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

Sterling Capital Management LLC purchased a new position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) during the third quarter, HoldingsChannel.com reports. The fund purchased 65,104 shares of the company’s stock, valued at approximately $10,465,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. WASHINGTON TRUST Co bought a new position in iShares Russell Mid-Cap Value ETF during the 3rd quarter valued at approximately $590,000. Brookstone Capital Management purchased a new stake in shares of iShares Russell Mid-Cap Value ETF in the third quarter worth $1,430,000. NBT Bank N.A. bought a new position in shares of iShares Russell Mid-Cap Value ETF during the third quarter valued at $371,000. Root Financial Partners LLC purchased a new position in shares of iShares Russell Mid-Cap Value ETF in the 3rd quarter worth about $301,000. Finally, Foster Victor Wealth Advisors LLC raised its position in shares of 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 during the last quarter. Hedge funds and other institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Price Performance

iShares Russell Mid-Cap Value ETF stock traded down $0.78 during mid-day trading on Friday, reaching $168.43. The stock had a trading volume of 434,033 shares, compared to its average volume of 458,958. The company has a market capitalization of $15.64 billion, a price-to-earnings ratio of 19.11 and a beta of 0.96. The company has a 50-day moving average price of $166.86 and a two-hundred day moving average price of $163.45. iShares Russell Mid-Cap Value ETF has a one year low of $133.74 and a one year high of $173.52.

iShares Russell Mid-Cap Value ETF Profile

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.