SVB Wealth LLC Acquires 97,403 Shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWX)

SVB Wealth LLC increased its holdings in shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWX) by 20.2% during the 2nd quarter, Holdings Channel.com reports. The fund owned 579,194 shares of the company’s stock after acquiring an additional 97,403 shares during the period. iShares Russell Top 200 Value ETF accounts for about 1.1% of SVB Wealth LLC’s portfolio, making the stock its 13th largest position. SVB Wealth LLC’s holdings in iShares Russell Top 200 Value ETF were worth $43,335,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Massmutual Trust Co. FSB ADV acquired a new position in iShares Russell Top 200 Value ETF in the first quarter valued at about $123,000. Oppenheimer & Co. Inc. grew its position in iShares Russell Top 200 Value ETF by 8.2% during the 4th quarter. Oppenheimer & Co. Inc. now owns 34,800 shares of the company’s stock worth $2,442,000 after acquiring an additional 2,634 shares during the last quarter. Raymond James & Associates increased its holdings in iShares Russell Top 200 Value ETF by 5.5% during the 2nd quarter. Raymond James & Associates now owns 64,100 shares of the company’s stock valued at $4,796,000 after purchasing an additional 3,353 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its position in iShares Russell Top 200 Value ETF by 17.1% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 33,899 shares of the company’s stock valued at $2,379,000 after purchasing an additional 4,950 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new position in iShares Russell Top 200 Value ETF in the fourth quarter worth $2,910,000.

iShares Russell Top 200 Value ETF Price Performance

Shares of IWX stock traded down $0.62 during trading hours on Friday, hitting $78.51. 220,482 shares of the company’s stock were exchanged, compared to its average volume of 161,461. iShares Russell Top 200 Value ETF has a 52 week low of $62.08 and a 52 week high of $80.79. The stock has a market cap of $2.27 billion, a price-to-earnings ratio of 19.01 and a beta of 0.63. The stock’s 50-day moving average is $77.31 and its 200-day moving average is $75.56.

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.