Gateway Wealth Partners LLC Takes Position in iShares Russell Top 200 Value ETF $IWX

Gateway Wealth Partners LLC purchased a new position in iShares Russell Top 200 Value ETF (NYSEARCA:IWX) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 11,891 shares of the company’s stock, valued at approximately $1,102,000.

Several other hedge funds have also recently made changes to their positions in IWX. Cornerstone Planning Group LLC bought a new position in iShares Russell Top 200 Value ETF during the fourth quarter valued at approximately $25,000. Richardson Financial Services Inc. bought a new stake in iShares Russell Top 200 Value ETF in the 4th quarter worth approximately $49,000. International Assets Investment Management LLC bought a new stake in iShares Russell Top 200 Value ETF in the 1st quarter worth approximately $55,000. Bessemer Group Inc. purchased a new stake in iShares Russell Top 200 Value ETF during the 1st quarter valued at $61,000. Finally, 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 buying an additional 231 shares during the last quarter.

iShares Russell Top 200 Value ETF Price Performance

NYSEARCA IWX opened at $108.53 on Thursday. The stock has a market capitalization of $3.92 billion, a price-to-earnings ratio of 19.39 and a beta of 0.77. iShares Russell Top 200 Value ETF has a 1-year low of $82.78 and a 1-year high of $110.11. The business’s fifty day moving average price is $105.88 and its 200-day moving average price is $99.79.

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.