iShares Russell Top 200 Value ETF $IWX Stock Position Boosted by SVB Wealth LLC

SVB Wealth LLC raised its position in iShares Russell Top 200 Value ETF (NYSEARCA:IWX) by 3.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 477,994 shares of the company’s stock after purchasing an additional 18,046 shares during the quarter. iShares Russell Top 200 Value ETF comprises 2.9% of SVB Wealth LLC’s investment portfolio, making the stock its 6th biggest position. SVB Wealth LLC’s holdings in iShares Russell Top 200 Value ETF were worth $50,266,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Clark Capital Management Group Inc. acquired a new stake in shares of iShares Russell Top 200 Value ETF during the 4th quarter worth approximately $66,327,000. Proficio Capital Partners LLC purchased a new stake in shares of iShares Russell Top 200 Value ETF during the 2nd quarter valued at approximately $72,861,000. LPL Financial LLC raised its position in shares of iShares Russell Top 200 Value ETF by 654.7% during the 4th quarter. LPL Financial LLC now owns 640,842 shares of the company’s stock valued at $58,868,000 after buying an additional 555,928 shares during the period. Align Financial LLC acquired a new position in iShares Russell Top 200 Value ETF in the fourth quarter valued at approximately $42,834,000. Finally, Orion Porfolio Solutions LLC acquired a new position in iShares Russell Top 200 Value ETF in the fourth quarter valued at approximately $33,250,000.

iShares Russell Top 200 Value ETF Stock Performance

Shares of iShares Russell Top 200 Value ETF stock opened at $112.08 on Wednesday. The firm has a market capitalization of $4.05 billion, a price-to-earnings ratio of 19.39 and a beta of 0.77. iShares Russell Top 200 Value ETF has a fifty-two week low of $86.44 and a fifty-two week high of $113.95. The stock has a 50 day moving average of $110.51 and a 200 day moving average of $103.14.

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.