iShares Russell Top 200 Value ETF $IWX Stock: Montgomery Financial Services LLC Boosts Position

Montgomery Financial Services LLC boosted its stake in shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWX) by 10.5% in the third quarter, Holdings Channel reports. The institutional investor owned 145,890 shares of the company’s stock after purchasing an additional 13,809 shares during the period. iShares Russell Top 200 Value ETF accounts for approximately 13.2% of Montgomery Financial Services LLC’s portfolio, making the stock its 3rd biggest position. Montgomery Financial Services LLC’s holdings in iShares Russell Top 200 Value ETF were worth $15,979,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. First Citizens Bank & Trust Co. bought a new stake in iShares Russell Top 200 Value ETF in the third quarter worth $287,533,000. Proficio Capital Partners LLC bought a new position in shares of iShares Russell Top 200 Value ETF during the second quarter valued at $72,861,000. SVB Wealth LLC increased its holdings in shares of iShares Russell Top 200 Value ETF by 3.9% during the second quarter. SVB Wealth LLC now owns 477,994 shares of the company’s stock valued at $50,266,000 after acquiring an additional 18,046 shares in the last quarter. Sterling Capital Management LLC bought a new position in shares of iShares Russell Top 200 Value ETF during the third quarter valued at $36,621,000. Finally, RTD Financial Advisors Inc. raised its position in shares of iShares Russell Top 200 Value ETF by 3.5% in the 3rd quarter. RTD Financial Advisors Inc. now owns 289,542 shares of the company’s stock worth $31,714,000 after purchasing an additional 9,665 shares during the last quarter.

iShares Russell Top 200 Value ETF Price Performance

Shares of iShares Russell Top 200 Value ETF stock opened at $113.26 on Friday. The stock has a market cap of $3.96 billion, a price-to-earnings ratio of 21.91 and a beta of 0.77. The firm’s 50-day moving average is $112.28 and its 200 day moving average is $104.38. iShares Russell Top 200 Value ETF has a 1 year low of $87.26 and a 1 year high of $117.68.

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. 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.