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

SVB Wealth LLC lifted 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 disclosure with the Securities and Exchange Commission. The firm owned 717,934 shares of the company’s stock after buying an additional 480,181 shares during the period. iShares Russell Top 200 Value ETF makes up approximately 1.1% of SVB Wealth LLC’s investment portfolio, making the stock its 10th biggest position. SVB Wealth LLC owned about 2.49% of iShares Russell Top 200 Value ETF worth $56,738,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. FPC Investment Advisory Inc. acquired a new stake in iShares Russell Top 200 Value ETF during the fourth quarter worth about $42,000. Centricity Wealth Management LLC bought a new stake in shares of iShares Russell Top 200 Value ETF during the 4th quarter worth approximately $54,000. QRG Capital Management Inc. acquired a new stake in shares of iShares Russell Top 200 Value ETF during the 3rd quarter worth approximately $204,000. Alta Wealth Advisors LLC bought a new position in iShares Russell Top 200 Value ETF in the fourth quarter valued at approximately $237,000. Finally, Brophy Wealth Management LLC acquired a new position in iShares Russell Top 200 Value ETF during the third quarter valued at approximately $248,000.

iShares Russell Top 200 Value ETF Price Performance

NYSEARCA IWX opened at $84.49 on Friday. iShares Russell Top 200 Value ETF has a fifty-two week low of $72.40 and a fifty-two week high of $85.39. The business has a fifty day moving average price of $81.98 and a two-hundred day moving average price of $81.53. The stock has a market capitalization of $2.50 billion, a PE ratio of 20.33 and a beta of 0.89.

About iShares Russell Top 200 Value ETF

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.