SVB Wealth LLC Sells 48,458 Shares of iShares Russell Top 200 Value ETF $IWX

SVB Wealth LLC reduced its holdings in iShares Russell Top 200 Value ETF (NYSEARCA:IWX) by 9.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 459,948 shares of the company’s stock after selling 48,458 shares during the quarter. iShares Russell Top 200 Value ETF accounts for 2.8% of SVB Wealth LLC’s holdings, making the stock its 8th biggest position. SVB Wealth LLC owned about 1.22% of iShares Russell Top 200 Value ETF worth $42,623,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Cornerstone Planning Group LLC bought a new stake in iShares Russell Top 200 Value ETF during the fourth quarter worth approximately $25,000. Richardson Financial Services Inc. bought a new position in shares of iShares Russell Top 200 Value ETF in the fourth quarter valued at $49,000. Tower Research Capital LLC TRC lifted its position in shares of 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 acquiring an additional 231 shares during the last quarter. Harbour Investments Inc. lifted its position in shares of iShares Russell Top 200 Value ETF by 101.7% during the 4th quarter. Harbour Investments Inc. now owns 829 shares of the company’s stock valued at $76,000 after acquiring an additional 418 shares during the last quarter. Finally, Advisory Services Network LLC bought a new stake in shares of iShares Russell Top 200 Value ETF during the 3rd quarter worth $76,000.

iShares Russell Top 200 Value ETF Stock Up 0.5%

IWX opened at $106.03 on Tuesday. The firm has a market cap of $3.58 billion, a PE ratio of 19.39 and a beta of 0.78. The business has a fifty day simple moving average of $101.73 and a 200-day simple moving average of $96.91. iShares Russell Top 200 Value ETF has a fifty-two week low of $81.83 and a fifty-two week high of $106.83.

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.