Gateway Wealth Partners LLC Invests $1.10 Million in iShares Russell Top 200 Value ETF $IWX

Gateway Wealth Partners LLC acquired a new position in iShares Russell Top 200 Value ETF (NYSEARCA:IWX) during the first quarter, HoldingsChannel.com reports. The fund acquired 11,891 shares of the company’s stock, valued at approximately $1,102,000.

Several other large investors also recently added to or reduced their stakes in IWX. TIAA Trust National Association increased its holdings in iShares Russell Top 200 Value ETF by 1.6% during the fourth quarter. TIAA Trust National Association now owns 12,344,150 shares of the company’s stock valued at $1,133,934,000 after buying an additional 198,318 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its position in shares of iShares Russell Top 200 Value ETF by 1.5% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 6,332,301 shares of the company’s stock valued at $581,685,000 after acquiring an additional 93,664 shares during the period. First Citizens Bank & Trust Co. grew its position in shares of iShares Russell Top 200 Value ETF by 1.3% during the 4th quarter. First Citizens Bank & Trust Co. now owns 5,983,534 shares of the company’s stock valued at $549,647,000 after acquiring an additional 77,178 shares during the period. AE Wealth Management LLC increased its stake in shares of iShares Russell Top 200 Value ETF by 3.2% in the 4th quarter. AE Wealth Management LLC now owns 1,081,107 shares of the company’s stock worth $99,311,000 after purchasing an additional 33,150 shares in the last quarter. Finally, Clark Capital Management Group Inc. purchased a new stake in shares of iShares Russell Top 200 Value ETF in the 4th quarter worth $66,327,000.

iShares Russell Top 200 Value ETF Stock Performance

Shares of iShares Russell Top 200 Value ETF stock opened at $108.53 on Thursday. The stock has a market cap of $3.92 billion, a P/E ratio of 19.39 and a beta of 0.77. The stock’s fifty day moving average is $105.88 and its 200 day moving average is $99.79. iShares Russell Top 200 Value ETF has a one year low of $82.78 and a one year high of $110.11.

iShares Russell Top 200 Value ETF 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.