Foundations Investment Advisors LLC Cuts Stake in iShares Russell Top 200 Value ETF (NYSEARCA:IWX)

Foundations Investment Advisors LLC lessened its stake in shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWX) by 10.8% in the 4th quarter, Holdings Channel reports. The firm owned 20,851 shares of the company’s stock after selling 2,520 shares during the period. Foundations Investment Advisors LLC’s holdings in iShares Russell Top 200 Value ETF were worth $1,648,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Concourse Financial Group Securities Inc. raised its holdings in shares of iShares Russell Top 200 Value ETF by 56.3% during the third quarter. Concourse Financial Group Securities Inc. now owns 433 shares of the company’s stock valued at $35,000 after acquiring an additional 156 shares during the last quarter. QRG Capital Management Inc. purchased a new stake in shares of iShares Russell Top 200 Value ETF during the third quarter worth approximately $204,000. Brophy Wealth Management LLC acquired a new stake in iShares Russell Top 200 Value ETF during the 3rd quarter worth $248,000. Diversified Trust Co purchased a new stake in shares of iShares Russell Top 200 Value ETF during the fourth quarter worth $248,000. Finally, Affinity Capital Advisors LLC lifted its stake in shares of iShares Russell Top 200 Value ETF by 6.1% in the fourth quarter. Affinity Capital Advisors LLC now owns 3,314 shares of the company’s stock worth $264,000 after buying an additional 192 shares in the last quarter.

iShares Russell Top 200 Value ETF Trading Down 0.7 %

IWX opened at $82.95 on Wednesday. The firm has a market capitalization of $2.39 billion, a PE ratio of 19.01 and a beta of 0.63. iShares Russell Top 200 Value ETF has a twelve month low of $70.44 and a twelve month high of $85.39. The firm’s 50-day moving average price is $81.54 and its 200 day moving average price is $80.43.

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.