iShares Russell Top 200 Value ETF $IWX Shares Sold by SVB Wealth LLC

SVB Wealth LLC lowered its position in shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWX) by 9.5% during the first quarter, Holdings Channel reports. The fund owned 459,948 shares of the company’s stock after selling 48,458 shares during the quarter. iShares Russell Top 200 Value ETF makes up 2.8% of SVB Wealth LLC’s holdings, making the stock its 8th largest holding. SVB Wealth LLC’s holdings in iShares Russell Top 200 Value ETF were worth $42,623,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also made changes to their positions in IWX. Cornerstone Planning Group LLC acquired a new position in iShares Russell Top 200 Value ETF in the 4th quarter worth approximately $25,000. Richardson Financial Services Inc. purchased a new position in iShares Russell Top 200 Value ETF during the 4th quarter worth approximately $49,000. Tower Research Capital LLC TRC raised its stake in iShares Russell Top 200 Value ETF by 42.1% during the 2nd 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. raised its stake in 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 purchasing an additional 418 shares during the period. Finally, Advisory Services Network LLC acquired a new stake in iShares Russell Top 200 Value ETF during the 3rd quarter valued at $76,000.

iShares Russell Top 200 Value ETF Stock Up 0.5%

IWX opened at $106.03 on Tuesday. The firm has a market capitalization of $3.58 billion, a P/E ratio of 19.39 and a beta of 0.78. The stock has a fifty day moving average of $101.73 and a 200-day moving average of $96.91. iShares Russell Top 200 Value ETF has a 12-month low of $81.83 and a 12-month high of $106.83.

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.