First Citizens Bank & Trust Co. Buys 2,625,157 Shares of iShares Russell Top 200 Value ETF $IWX

First Citizens Bank & Trust Co. bought a new position in shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWX) during the 3rd quarter, Holdings Channel.com reports. The firm bought 2,625,157 shares of the company’s stock, valued at approximately $287,533,000. iShares Russell Top 200 Value ETF makes up 3.9% of First Citizens Bank & Trust Co.’s holdings, making the stock its 5th biggest holding. First Citizens Bank & Trust Co. owned about 0.09% of iShares Russell Top 200 Value ETF at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Clark Capital Management Group Inc. acquired a new stake in shares of iShares Russell Top 200 Value ETF in the fourth quarter valued at about $66,327,000. Proficio Capital Partners LLC acquired a new position in shares of iShares Russell Top 200 Value ETF in the second quarter worth approximately $72,861,000. Align Financial LLC acquired a new position in shares of iShares Russell Top 200 Value ETF in the fourth quarter worth approximately $42,834,000. Private Advisor Group LLC lifted its stake in shares of iShares Russell Top 200 Value ETF by 451.0% in the first quarter. Private Advisor Group LLC now owns 182,516 shares of the company’s stock worth $16,914,000 after acquiring an additional 149,393 shares during the period. Finally, Montgomery Financial Services LLC bought a new stake in iShares Russell Top 200 Value ETF in the second quarter valued at approximately $13,890,000.

iShares Russell Top 200 Value ETF Price Performance

Shares of IWX stock opened at $112.26 on Wednesday. The stock has a market capitalization of $3.36 billion, a PE ratio of 19.39 and a beta of 0.77. The business’s 50 day simple moving average is $111.88 and its 200 day simple moving average is $105.96. iShares Russell Top 200 Value ETF has a one year low of $86.74 and a one year high of $113.95.

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.