SVB Wealth LLC Increases Stake in iShares Russell Top 200 Value ETF (NYSEARCA:IWX)

SVB Wealth LLC boosted its stake in iShares Russell Top 200 Value ETF (NYSEARCA:IWX) by 202.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 717,934 shares of the company’s stock after purchasing an additional 480,181 shares during the period. iShares Russell Top 200 Value ETF comprises about 1.1% of SVB Wealth LLC’s holdings, making the stock its 10th largest holding. SVB Wealth LLC’s holdings in iShares Russell Top 200 Value ETF were worth $56,738,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC boosted its stake in shares of iShares Russell Top 200 Value ETF by 7,111.9% during the third quarter. International Assets Investment Management LLC now owns 48,031 shares of the company’s stock valued at $3,903,000 after purchasing an additional 47,365 shares in the last quarter. US Bancorp DE raised its holdings in iShares Russell Top 200 Value ETF by 820.3% in the 3rd quarter. US Bancorp DE now owns 8,154 shares of the company’s stock valued at $663,000 after buying an additional 7,268 shares during the last quarter. Principal Securities Inc. acquired a new stake in iShares Russell Top 200 Value ETF during the 3rd quarter worth approximately $28,198,000. QRG Capital Management Inc. acquired a new stake in iShares Russell Top 200 Value ETF during the 3rd quarter worth approximately $204,000. Finally, Centennial Wealth Advisory LLC bought a new stake in iShares Russell Top 200 Value ETF during the 3rd quarter worth approximately $6,563,000.

iShares Russell Top 200 Value ETF Stock Performance

Shares of NYSEARCA IWX opened at $84.49 on Friday. The firm has a 50 day moving average price of $81.98 and a two-hundred day moving average price of $81.53. The stock has a market cap of $2.50 billion, a P/E ratio of 20.33 and a beta of 0.89. iShares Russell Top 200 Value ETF has a 52-week low of $72.40 and a 52-week high of $85.39.

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.