Montgomery Financial Services LLC Buys 13,809 Shares of iShares Russell Top 200 Value ETF $IWX

Montgomery Financial Services LLC raised its position in shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWX) by 10.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 145,890 shares of the company’s stock after acquiring an additional 13,809 shares during the quarter. iShares Russell Top 200 Value ETF makes up approximately 13.2% of Montgomery Financial Services LLC’s holdings, making the stock its 3rd largest position. Montgomery Financial Services LLC owned 0.43% of iShares Russell Top 200 Value ETF worth $15,979,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in IWX. Parallel Advisors LLC boosted its position in shares of iShares Russell Top 200 Value ETF by 6.3% during the third quarter. Parallel Advisors LLC now owns 2,618 shares of the company’s stock valued at $287,000 after purchasing an additional 155 shares in the last quarter. Spectrum Advisors Inc. raised its holdings in iShares Russell Top 200 Value ETF by 1.9% in the third quarter. Spectrum Advisors Inc. now owns 16,393 shares of the company’s stock worth $1,796,000 after purchasing an additional 312 shares in the last quarter. Waldron Private Wealth LLC bought a new position in iShares Russell Top 200 Value ETF in the third quarter worth $2,311,000. Kestra Advisory Services LLC lifted its position in iShares Russell Top 200 Value ETF by 62.3% during the third quarter. Kestra Advisory Services LLC now owns 5,388 shares of the company’s stock valued at $590,000 after buying an additional 2,069 shares during the period. Finally, Claro Advisors Inc. lifted its position in iShares Russell Top 200 Value ETF by 1.1% during the third quarter. Claro Advisors Inc. now owns 13,698 shares of the company’s stock valued at $1,500,000 after buying an additional 146 shares during the period.

iShares Russell Top 200 Value ETF Trading Down 0.5%

Shares of IWX stock opened at $113.26 on Friday. iShares Russell Top 200 Value ETF has a 12 month low of $87.26 and a 12 month high of $117.68. The stock has a market cap of $3.96 billion, a PE ratio of 21.91 and a beta of 0.77. The company’s fifty day moving average price is $112.28 and its 200-day moving average price is $104.38.

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.