Sterling Capital Management LLC Purchases 42,294 Shares of iShares Russell Top 200 Value ETF $IWX

Sterling Capital Management LLC increased its position in iShares Russell Top 200 Value ETF (NYSEARCA:IWX) by 21.8% in the 1st quarter, HoldingsChannel reports. The fund owned 236,530 shares of the company’s stock after purchasing an additional 42,294 shares during the period. Sterling Capital Management LLC’s holdings in iShares Russell Top 200 Value ETF were worth $21,919,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IWX. Cornerstone Planning Group LLC bought a new position in iShares Russell Top 200 Value ETF during the fourth quarter worth about $25,000. Richardson Financial Services Inc. bought a new stake in shares of iShares Russell Top 200 Value ETF in the fourth quarter valued at approximately $49,000. Tower Research Capital LLC TRC raised its position in shares of iShares Russell Top 200 Value ETF by 42.1% in the second quarter. Tower Research Capital LLC TRC now owns 780 shares of the company’s stock valued at $66,000 after purchasing an additional 231 shares during the period. Harbour Investments Inc. lifted its stake in shares of iShares Russell Top 200 Value ETF by 101.7% during the 4th quarter. Harbour Investments Inc. now owns 829 shares of the company’s stock valued at $76,000 after buying an additional 418 shares in the last quarter. Finally, Advisory Services Network LLC purchased a new stake in shares of iShares Russell Top 200 Value ETF during the 3rd quarter valued at approximately $76,000.

iShares Russell Top 200 Value ETF Trading Down 1.1%

IWX opened at $104.94 on Friday. The company has a 50 day moving average of $102.40 and a 200 day moving average of $97.25. The company has a market cap of $3.55 billion, a PE ratio of 19.39 and a beta of 0.78. iShares Russell Top 200 Value ETF has a 12 month low of $82.78 and a 12 month high of $106.83.

iShares Russell Top 200 Value ETF Company Profile

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.