Sterling Capital Management LLC Makes New $36.62 Million Investment in iShares Russell Top 200 Value ETF $IWX

Sterling Capital Management LLC acquired a new stake in shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWX) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 334,344 shares of the company’s stock, valued at approximately $36,621,000. iShares Russell Top 200 Value ETF accounts for approximately 0.7% of Sterling Capital Management LLC’s holdings, making the stock its 28th largest position. Sterling Capital Management LLC owned approximately 1.02% of iShares Russell Top 200 Value ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IWX. Sound Income Strategies LLC increased its stake in 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 acquiring an additional 123 shares during the last quarter. LifePlan Investment Advisors Inc. boosted its position in shares of iShares Russell Top 200 Value ETF by 7.3% during the 2nd quarter. LifePlan Investment Advisors Inc. now owns 2,922 shares of the company’s stock valued at $307,000 after acquiring an additional 199 shares during the last quarter. SMART Wealth LLC boosted its position in shares of iShares Russell Top 200 Value ETF by 2.6% during the 1st quarter. SMART Wealth LLC now owns 8,959 shares of the company’s stock valued at $830,000 after acquiring an additional 223 shares during the last quarter. IFP Advisors Inc purchased a new position in shares of iShares Russell Top 200 Value ETF during the second quarter worth about $27,000. Finally, Decker Retirement Planning Inc. grew its holdings in shares of iShares Russell Top 200 Value ETF by 3.6% during the first quarter. Decker Retirement Planning Inc. now owns 12,636 shares of the company’s stock worth $1,171,000 after purchasing an additional 437 shares in the last quarter.

iShares Russell Top 200 Value ETF Trading Down 0.6%

Shares of NYSEARCA IWX traded down $0.73 during midday trading on Friday, hitting $113.35. 251,517 shares of the company’s stock were exchanged, compared to its average volume of 347,723. The business’s fifty day moving average price is $111.98 and its two-hundred day moving average price is $107.04. The company has a market cap of $3.73 billion, a price-to-earnings ratio of 19.39 and a beta of 0.77. iShares Russell Top 200 Value ETF has a 12-month low of $87.26 and a 12-month 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.