Waverly Advisors LLC Purchases 6,775 Shares of iShares Russell Top 200 Value ETF $IWX

Waverly Advisors LLC raised its holdings in iShares Russell Top 200 Value ETF (NYSEARCA:IWX) by 3.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 216,815 shares of the company’s stock after acquiring an additional 6,775 shares during the period. Waverly Advisors LLC’s holdings in iShares Russell Top 200 Value ETF were worth $22,800,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new stake in shares of iShares Russell Top 200 Value ETF in the first quarter worth $55,000. Bessemer Group Inc. bought a new stake in shares of iShares Russell Top 200 Value ETF in the first quarter valued at about $61,000. Tower Research Capital LLC TRC raised its position in shares of iShares Russell Top 200 Value ETF by 42.1% in the second quarter. Tower Research Capital LLC TRC now owns 780 shares of the company’s stock valued at $66,000 after buying an additional 231 shares in 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 period. Finally, Advisory Services Network LLC acquired a new stake in iShares Russell Top 200 Value ETF during the third quarter worth about $76,000.

iShares Russell Top 200 Value ETF Price Performance

Shares of NYSEARCA:IWX opened at $112.08 on Wednesday. The company’s 50 day simple moving average is $110.51 and its 200 day simple moving average is $103.14. iShares Russell Top 200 Value ETF has a 1 year low of $86.44 and a 1 year high of $113.95. The stock has a market capitalization of $4.05 billion, a price-to-earnings ratio of 19.39 and a beta of 0.77.

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. 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.